The Globe and Mail reports in its Thursday, Sept. 25, edition that analysts at National Bank Financial believe the macroeconomic environment supports precious metal prices due to ongoing political uncertainty, declining real rates, persistent inflation and central banks continuing to be net purchasers. The Globe's David Leeder writes in the Eye On Equities column that the National Bank analysts continue to rate Iamgold "outperform." The analysts gave their share target a $6.50 boost to $21. Analysts on average target the shares at $14.27. On Wednesday the bank reaffirmed its bullish outlook for prices in the months ahead. National Bank analyst Mohamed Sidibe says in a note: "We expect Iamgold to deliver on its unchanged production outlook of 735-800 koz (NBCMe 741 koz), despite the change in non-controlling interest at Essakane effective from end of Q2/25. With the Cote Gold ramp up continuing to progress well and mining and milling costs expected to improve as re-handling is reduced, and a secondary crusher is installed in Q4/25, Iamgold is entering its FCF inflection point with expected FCF of $302-million in H2/25 and $1.33-billion in 2026 at our price deck."
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