An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.
In plain words · IAMGOLD Corporation, through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso.
VERDICT
The label
Markdown
read at $14.14
IAMGOLD Corporation holds its Markdown at $14.14.
PHPhase · the trend structure carries the Markdown label
INInsiders · no filings inside 60 days, left as found
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · passes the values gate
edge confirmed
edge broken
edge forming
Each arm is one independent read. Conviction is not a single call, it is how many edges converge.
INVESTOR
The investor read · the season, not the day
As held on the ledger · 2026-07-19
Phase
Markdown · caution
Quantitative state
Consolidating, no directional conviction, held for 2 days
Price
$14.14
Valuation
8.27 trailing · 6.00 forward price to earnings
Values screen
PASS· score 64.7
Beta
2.25
OPPORTUNITY
The opportunity · what the numbers say it is worth
Read at
$14.14
8.27 P/E · 6.00 fwd
Our fair value
$19.09
35% discount
Analyst target (avg)
$21.00
+49% to current
Target low $20.00Analyst target rangeTarget high $34.00
▲ current $14.14 · | average target
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Current
$14.14
you are here
Conservative
$18.00
+27%
Analyst avg
$21.00
+49%
Our fair value
$19.09
+35%
Analyst high
$34.00
+140%
Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Revenue growth
115.90%
Profit margin
29.49%
Debt to equity
14.71
Analyst consensus
Buy · 5 covering
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
SCREEN
The values screen, explained · five checks, plain English
This company clears both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. Here is how it did on each:
The common standard· AAOIFI Used by most halal investing apps✓ PASSES
Our stricter standard· asset-based The one Titan applies✓ PASSES
Business activityIts core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending.Pass
Debt loadInterest-bearing debt is of its assets, above the one-third ceiling the screen allows.Fail
Interest-bearing cashInterest-bearing cash and securities are of assets, above the one-third limit.Fail
ReceivablesMoney owed to the company is of assets, above the 49% limit.Fail
Revenue purityOnly 0.0% of revenue comes from non-compliant sources — under the 5% line.Pass
Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.
PLAIN
The business, in plain words · what the numbers mean
Gold digger shows flashy numbers yet cycles loom large
Picture a miner hitting pay dirt when bullion prices spike, only to watch the seam run dry the next season. IAMGOLD flashes eye-catching revenue growth of 116 percent alongside a 29 percent profit margin and 28 percent ROE, all at a forward multiple of just 6 times. Yet the opportunity rating sits at none because this is a classic cyclical setup where today's fat earnings often mark the peak rather than a durable bargain.
The ethical screen clears without issue and five analysts lean buy with a median target near 21 dollars against the current 14.14 price. Still the business rests on volatile gold output from sites in Canada and Burkina Faso, where costs and grades swing with commodity cycles. Unknown moat and sudden revenue surges tied to metal prices rarely translate into lasting value once the cycle turns.
Low multiples in this sector usually signal warning rather than opportunity, as peak earnings compress the apparent cheapness. Currency swings, permitting delays and sudden cost spikes remain real threats that can erase the headline margin of safety in short order. Analysis, not advice.
The risks · The things to watch: it already moves more than the market on an average day; its business and earnings are exposed to Canada and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
PEERS
Related securities · others in IAG's space worth a look
Screened names in the same industry · explore each on its own page.
TRADE
Where & how to trade · wherever in the world you are
IAG trades on the NYSE (the company is based in Canada). As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.
TRADER
The trader read · the latest dated commentary
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 9% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 104%. Our forward projection puts the odds of a 10% gain over the next month near 44%. The street (5 analysts) rates it buy, with a mean price target of $26. Entered 2026-07-18 · Markup
JOURNAL
The dated journal · newest first, never edited
2026-07-18Markup$15.42+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 9% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 104%. Our forward projection puts the odds of a 10% gain over the next month near 44%. The street (5 analysts) rates it buy, with a mean price target of $26.
2026-07-03Markup$15.42+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (65). The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Markup$15.42Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (65). The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
POLITICAL
The political ledger · congressional disclosures
Disclosures naming IAG
Date
Politician
Party
Type
Amount
2026-05-05
Brian Babin
Republican
Sale
1K–15K
RETURNS
What holding actually paid · price plus dividends
If $1,000 had been placed · historical, not a promise
Period
Price then
Price return
Divs per share
$1,000 became
Total return
1 month
$18.99
-22.1%
·
$779
-22.1%
2 months
$20.02
-26.1%
·
$739
-26.1%
3 months
$21.38
-30.8%
·
$692
-30.8%
6 months
$15.93
-7.1%
·
$929
-7.1%
1 year
$7.24
+104.4%
·
$2,044
+104.4%
2 years
$3.66
+304.2%
·
$4,042
+304.2%
3 years
$2.93
+405.0%
·
$5,050
+405.0%
5 years
$3.69
+301.0%
·
$4,010
+301.0%
Historical returns from market close data. Past performance does not guarantee future results.
SEALED
This entry now belongs to the ledger. Whatever IAG does next, these words stay.
IAMGOLD Corporation · IAG · Markdown · $14.14
Recorded 2026-07-19 · before the outcome · scored mechanically
