最新ニュース Iamgold (NYSE:IAG) 株価情報

Iamgold

Iamgold Corp is a mid-tier gold mining company. The company operating gold mines are divided into geographic segments such as Cote Gold mine - Canada, Burkina Faso - Essakane mine, Westwood mine - Canada. The company's s non-gold mine segments are Exploration and evaluation and development, and Corporate - which includes royalty interests. The company generates the majority of its revenue from the Cote Gold mine segment.

Iamgold Corp

iShares International Aggregate Bond Fund

Imagenetix Inc

Despite the falling gold prices after the stock market rebound, the gold mining companies are poised for growth as this expert highlights &#8220;record levels of free cash flow&#8221; for these companies over the next two years.
What Happened: The Macro Strategist at Crescat Capital, Otavio Costa, has underscored the data for the two-year forward free cash flow estimate for gold mining companies, highlighting the possibility of strong fundamental growth.
According to a chart shared by him, the free cash flow estimates of these companies surpass the expectation of the gold price level by the Philadelphia Gold &amp; Silver Exchange by 2027.
&#8220;Despite the recent pullback in gold, mining companies remain positioned to deliver record levels of free cash flow in the current environment,&#8221; he said in an X post.
This comes as the Gold Spot US Dollar fell 1.02% to hover around $3,145.09 per ounce during the publication of this piece. It was much lower than its recent record high of $3,500.33 per ounce.
&#8220;I've always found it compelling when prices of an asset decline even as fundamentals improve,&#8221; said Costa, adding that &#8220;Investors are gradually beginning to grasp the magnitude of what's unfolding, but in my view, we've already entered the Golden Age of Mining.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I've always found it compelling when prices of an asset decline even as fundamentals improve. Despite the recent pullback in gold, mining companies remain positioned to deliver record levels of free cash flow in the current environment. Investors are gradually beginning to… <a href="https://t.co/F6RGYWu9vu">pic.twitter.com/F6RGYWu9vu</a>
&mdash; Otavio (Tavi) Costa (@TaviCosta) <a href="https://twitter.com/TaviCosta/status/1922836052143657281?ref_src=twsrc%5Etfw">May 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/general/market-summary/25/05/45399940/warren-buffett-shows-how-patience-pays-98-of-his-160-billion-wealth-came-after-turning-65-thanks-the-power-of-compound-interest">Warren Buffett Shows How Patience Pays: 98% Of His $160 Billion Wealth Came After Turning 65, Thanks The Power Of ‘Compound Interest'</a>
Why It Matters: Here&#8217;s a list of some gold mining stocks that investors could consider as experts peg a possibility of higher cash flows in the future.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>Harmony Gold Mining Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMY#NYSE">HMY</a>)</td>
<td>66.75%</td>
<td>50.59%</td>
</tr>
<tr>
<td>Perpetua Resources Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPTA#NASDAQ">PPTA</a>)</td>
<td>4.16%</td>
<td>104.44%</td>
</tr>
<tr>
<td>Eldorado Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGO#NYSE">EGO</a>)</td>
<td>10.90%</td>
<td>16.00%</td>
</tr>
<tr>
<td>Sandstorm Gold Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAND#NYSE">SAND</a>)</td>
<td>40.98%</td>
<td>41.23%</td>
</tr>
<tr>
<td>Iamgold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>)</td>
<td>9.68%</td>
<td>36.61%</td>
</tr>
<tr>
<td>Skeena Resources Ltd. (TSE: SKE)</td>
<td>14.77%</td>
<td>120.11%</td>
</tr>
<tr>
<td>Kinross Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>)</td>
<td>36.54%</td>
<td>71.85%</td>
</tr>
<tr>
<td>Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td>
<td>26.82%</td>
<td>12.66%</td>
</tr>
<tr>
<td>Royal Gold Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)</td>
<td>23.11%</td>
<td>26.94%</td>
</tr>
<tr>
<td>Anglogold Ashanti PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>)</td>
<td>63.80%</td>
<td>60.64%</td>
</tr>
</tbody>
</table>
</figure>
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, ended higher on Wednesday. The SPY was up 0.13% to $587.59, while the QQQ advanced 0.60% to $518.68, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/regulations/25/05/45403100/bullish-for-nvidia-tesla-palantir-microsoft-alphabet-amazon-ai-revolution-is-coming-to-the-saudi-kingdom-says-wedbushs-dan-ives">&#8216;Bullish For Nvidia, Tesla, Palantir, Microsoft, Alphabet, Amazon:&#8217; AI &#8216;Revolution Is Coming&#8217; To The Saudi Kingdom, Says Wedbush&#8217;s Dan Ives</a></li>
</ul>
Image Via Shutterstock

Analyst Color

Equities

Macro Notification

Market Summary

News

Broad U.S. Equity ETFs

Futures

Commodities

Markets

Analyst Ratings

ETFs

General

PPTA

RGLD

SAND

Gold Miners Poised For Boom As Analyst Predicts 'Record Levels Of Free Cash Flow' Despite Price Dip: 'Golden Age Of Mining'

Scotiabank analyst Tanya Jakusconek maintains Iamgold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) with a Sector Perform and raises the price target from $7.5 to $7.75.

Price Target

Scotiabank Maintains Sector Perform on Iamgold, Raises Price Target to $7.75

WIIM

CGAU

GOLD

SSRM

USAU

Shares of precious metals stocks are trading lower as gold and silver drop after the US and China agreed to a temporary reduction in most tariffs on each other's goods. This could be driving a rotation out of safe-haven assets.

U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 700 points on Monday.
Shares of Orla Mining Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORLA#NYSE">ORLA</a>) fell sharply in today's pre-market trading following <a href="https://www.benzinga.com/quote/ORLA/earnings">weak quarterly sales</a>.
Orla Mining posted adjusted earnings of 12 cents per share, beating market estimates of 10 cents per share. The company's quarterly sales came in at $140.67 million missing expectations of $163.19 million.
Orla Mining shares dipped 9.5% to $10.05 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul class="wp-block-list">
<li>ReShape Lifesciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RSLS#NASDAQ">RSLS</a>) shares dipped 22.7% to $5.15 in pre-market trading. ReShape Lifesciences filed for mixed shelf offering of up to $50 million.</li>
<li>Global IBO Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIBO#NASDAQ">GIBO</a>) declined 20.1% to $5.58 in pre-market trading after jumping 102% on Friday.</li>
<li>Harmony Gold Mining Company Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMY#NYSE">HMY</a>) fell 10.2% to $14.17 in pre-market trading.</li>
<li>AngloGold Ashanti plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) fell 10% to $40.30 in pre-market trading. AngloGold Ashanti shares gained 7% on Friday after the company reported better-than-expected first-quarter financial results.</li>
<li>Seabridge Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SA#NYSE">SA</a>) fell 9.4% to $11.38 in pre-market trading.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) shares declined 9.2% to $20.45 in pre-market trading.</li>
<li>IAMGOLD Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) dipped 8.7% to $6.40 in pre-market trading.</li>
<li>Coeur Mining, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) fell 6.9% to $7.30 in pre-market trading after gaining 12% on Friday.</li>
<li>Seabridge Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SA#NYSE">SA</a>) fell 6.6% to $11.79 in pre-market trading.</li>
</ul>
Now Read This: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45315727/top-3-industrials-stocks-that-may-collapse-in-may">Top 3 Industrials Stocks That May Collapse In May</a></li>
</ul>

Pre-Market Outlook

Movers

Trading Ideas

GIBO

ORLA

RSLS

Orla Mining, ReShape Lifesciences And Other Big Stocks Moving Lower In Monday's Pre-Market Session

CIBC analyst Anita Soni maintains Iamgold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) with a Outperformer and raises the price target from $8.4 to $9.2.

CIBC Maintains Outperformer on Iamgold, Raises Price Target to $9.2

Iamgold Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) shares are trading lower Tuesday following the release of the company's first-quarter 2025 financial results, which showed a significant miss on sales despite <a href="https://www.benzinga.com/pressreleases/25/05/45239357/iamgold-reports-first-quarter-2025-results">an increase in production.</a>
What To Know: The company reported revenue of $477.1 million, falling short of the $521.08 million expected by analysts. This revenue miss appears to be the primary driver behind the stock's decline, despite earnings per share of 10 cents, which slightly beat consensus estimates of nine cents. Year-over-year, EPS was down from 11 cents in the first quarter of 2024.
Gold production for the quarter totaled 161,000 attributable ounces across Iamgold's three active mines. While this marked a meaningful increase over the prior year, production at Westwood declined compared to the last quarter and ramp-up constraints at the Côté mine affected early throughput. The company did note that the Côté plant reached 90% of its nameplate throughput capacity in March and averaged 96% in the following month, signaling operational improvements ahead of full capacity later this year.
Management reaffirmed full-year guidance of 735,000 to 820,000 ounces of gold production and highlighted improvements in cost control and operating cash flow. The company posted a mine-site free cash flow of $139.6 million and ended the quarter with $745.8 million in available liquidity.
Despite solid operational progress and stronger production figures, investors focused on the weaker-than-expected top-line performance, leading to the stock's decline. 
The market&#8217;s response reflects concerns about pricing, timing of deliveries and broader execution risks, even as Iamgold emphasized a strong outlook for the rest of 2025.
IAG Price Action: IamGold shares were down 5.83% at $6.95 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45263291/fed-keeps-rates-steady-warns-of-rising-uncertainty-about-the-economic-outlook">Fed Keeps Rates Steady, Warns Of Rising &#8216;Uncertainty About The Economic Outlook&#8217;</a></li>
</ul>
Photo: Shutterstock

Earnings

Global

Iamgold Shares Fall After Q1 Sales Miss Expectations Despite Higher Output: What's Going On?

Iamgold shares are trading lower after the company reported worse-than-expected Q1 sales results.

ACAD

ACDC

ACRE

ACVA

ADMA

ADNT

ADTN

AIRG

ALNT

ALTG

ALTO

ALVO

AMPH

AMPL

AMRK

AMRN

AOSL

APLS

ARIS

ARMN

ASLE

Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

AVDL

AVDX

AXON

AXTA

AZTA

BAND

BBDO

BBGI

BBSI

BGSF

Brighthouse Financial, Inc. - Common Stock

BLBD

BLMN

BLZE

BMBL

BRKR

BROS

BTMD

BXSL

BYND

CAPL

CCSI

CDLX

CENT

CENTA

CENX

CEVA

CIVI

CMTG

CNDT

COHR

Core Scientific, Inc. - Class A Common Stock

CORZ

CPRX

CRNC

CRNT

CSGS

CSTE

CTVA

CVNA

CYRX

Earnings Scheduled For May 7, 2025

Iamgold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.09 by 11.11 percent. This is a 9.09 percent decrease over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $477.10 million which missed the analyst consensus estimate of $521.08 million by 8.44 percent. This is a 40.78 percent increase over sales of $338.90 million the same period last year.

Earnings Beats

Earnings Misses

Iamgold Q1 Adj. EPS $0.10 Beats $0.09 Estimate, Sales $477.10M Miss $521.08M Estimate

ACLS

AHCO

ALAB

ALGS

ALGT

AMTM

ANDE

ANET

ANGI

ARDT

ARMK

ARQT

ARRY

ATKR

ATOM

ATRO

AUDC

AVNS

AVNT

AVNW

AZEK

BALL

BBNX

BCAB

BLDP

BRLT

BWIN

BWMN

CCCS

CCLD

CDRE

CELH

CGBD

CHMI

CHRD

CIFR

CIGI

CLDT

CLOV

COTY

CPAY

CPIX

CPNG

CRCT

CRIS

CRMD

CRSR

CRUS

CURI

CVGI

CXDO

CYTK

DASH

DAWN

DDOG

DOCN

DRCT

DRVN

DVAX

ENLT

EOSE

Embraer-Empresa Brasileira De Aeronautica

ESPR

EVGO

Earnings Scheduled For May 6, 2025

SBSW

Shares of gold stocks are trading lower as gold prices drop after President Trump said he has no intention of firing Fed Chair Powell and indicated the final tariff rate with China would be "substantially" lower than the current 145%. These comments could be reducing some macro uncertainty, which recently drove gold to record highs.

Shares of gold stocks are trading lower. The commodity could be experiencing a mild reversal after a rally to all-time highs amid macro uncertainty.

Billionaire investor John Paulson and NovaGold Resources, Inc. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/NG#AMEX">NG</a>) have agreed to purchase a significant stake in the Donlin Gold project in Alaska. Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) will sell its entire 50% interest in the project <a href="https://www.benzinga.com/25/04/44927342/novagold-partners-inks-deal-with-barrick-gold-boosts-stake-in-donlin-project-for-1-billion">for $1 billion in cash.</a>
The Details: Novagold will purchase a 10% stake in Donlin Gold for $200 million, raising its ownership to 60% from 50%.
Paulson &amp; Co. will acquire the remaining 40% for $800 million, becoming a full and equal partner in managing the Donlin Gold project.
The Donlin Gold Project is a planned mining operation located in Alaska, with estimated gold reserves of approximately 39 million ounces — making it one of the world's largest undeveloped gold deposits.
Read Next:<a href="https://www.benzinga.com/general/health-care/25/04/44869920/unitedhealth-ceo-says-high-cost-of-us-health-care-simply-not-sustainable"> UnitedHealth CEO Says High Cost Of US Health Care &#8216;Simply Not Sustainable&#8217;&nbsp;</a>
Paulson, who has several notable investments in gold miners, called Donlin Gold "one of the most attractive development gold projects in the world."&nbsp;
"With 39 million ounces of gold at double the industry average grade, and an optimal location in the prime jurisdiction of Alaska — already the second largest gold-producing state in the United States — we believe that the project could create value for decades to come," Paulson added.&nbsp;
Paulson's Gold Miners: The billionaire investor's hedge fund Paulson &amp; Co. also holds a 37% stake in International Tower Hill Mines Ltd. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/THM#AMEX">THM</a>) and a $264.3 million stake in Perpetua Resources Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPTA#NASDAQ">PPTA</a>). 
Trilogy Metals Inc. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TMQ#AMEX">TMQ</a>), Seabridge Gold, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SA#NYSE">SA</a>), Equinox Gold Corp. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EQX#AMEX">EQX</a>) and Iamgold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>) round out the remainder of the firm&#8217;s miner holdings. 
Paulson has been building his miners portfolio for many years and is well-positioned to benefit from the soaring price of gold.&nbsp;
Gold Rally: Gold has surged more than 30% in 2025, reaching $3,490 per ounce on Tuesday and setting a new record high price. 
In fact, Monday's 3%-plus gold rally was the fifth time in the past 10 trading days that gold climbed at least 2% in a single day. The only periods that experienced a higher frequency of 2%-plus daily moves in the past 50 years were in January and June 1980, according to Bespoke Investment Group.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/04/44903087/amazon-stock-downgraded-price-target-slashed-as-tariffs-create-uncertainty">Amazon Stock Downgraded, Price Target Slashed As Tariffs Create Uncertainty&nbsp;</a></li>
</ul>
Photo: Shutterstock

Hedge Funds

Billionaire John Paulson Buys $800 Million Stake In Alaskan Gold Mine As Gold Hits Record Highs

Gold surged to fresh all-time highs on Monday, with bullion jumping 2.5% to $3,410 per ounce by 11:20 a.m. ET, as mounting distrust in U.S. financial assets and inflation fears drive a flight to safety unlike anything seen since the global debt crises <a href="https://www.benzinga.com/topic/donald-trump">of the early 2010s.</a>
Since early March, gold prices — tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) — have climbed an astonishing 19.4%, putting the metal on track for its strongest two-month rally since August 2011.
A perfect storm of macro instability, political friction and investor skepticism about the dollar and U.S. Treasuries is fueling the run.
<h1 class="wp-block-heading">What's Behind The Gold Boom?</h1>
The root of gold's dramatic resurgence lies in a potent mix of fundamental, structural and behavioral drivers.
The U.S. dollar and long-duration Treasuries — once go-to safe havens — have come under pressure in recent weeks amid President Donald Trump's tariff offensive and his escalating feud with Fed Chair Jerome Powell, raising fears over political interference and eroding confidence in U.S. institutions.
In this climate, gold's reputation as a neutral, time-tested store of value is attracting capital seeking stability.
As a result, traditional hedges have faltered. But gold, immune to sovereign missteps and backed by centuries of store-of-value status, has emerged as a refuge for capital looking for shelter from rising macro uncertainty.
Read also: <a href="https://www.benzinga.com/government/regulations/25/04/44899280/are-investors-selling-us-treasuries-as-trump-attacks-powell-heres-what-latest-etf-flows-tell-you">Are Investors Selling US Treasuries As Trump Attacks Powell? Here&#8217;s What Latest ETF Flows Tell You</a>
<h1 class="wp-block-heading">Massive Inflows Into Gold ETFs Confirm Strong Investment Demand</h1>
Investor appetite for gold is clearly visible in the massive inflows into gold-backed exchange-traded funds (ETFs) since mid-January, when Trump made his official return to the White House:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>ETF Name </th>
<th>Inflows (Mid-January to Mid-April)</th>
</tr>
</thead>
<tbody>
<tr>
<td>SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>)</td>
<td>$8.35 billion</td>
</tr>
<tr>
<td>iShares Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAU#NYSE">IAU</a>)</td>
<td>$3.5 billion</td>
</tr>
<tr>
<td>SPDR Gold MiniShares Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLDM#NYSE">GLDM</a>)</td>
<td>$2.46 billion</td>
</tr>
<tr>
<td>ProShares Ultra Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGL#NYSE">UGL</a>)</td>
<td>$117 million</td>
</tr>
<tr>
<td>Goldman Sachs Physical Gold ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAAU#NYSE">AAAU</a>)</td>
<td>$304.9 million</td>
</tr>
</tbody>
</table>
</figure>
These blockbuster flows signal broad-based institutional and retail demand. According to Goldman Sachs analyst Lina Thomas, the rally is not being fueled by short-term speculators.
"Data suggests the move has occurred without a substantial return of speculative flows," Thomas said. 
"With estimated COMEX speculative positioning still moderate, we view the rally as structurally supported and less exposed to sharp near-term liquidation risk. Thus, we see current levels as a tactically attractive entry point… and believe this reinforces upside risk to our $3,700/toz year-end forecast."
Ed Yardeni, president of Yardeni Research, said the current momentum validates his call from over a year ago. 
"We&#8217;ve been bullish on gold since it broke out above $2,000 per ounce at the end of February 2024. Our $4,000 target by the end of this year looks increasingly realistic. If that happens, then $5,000 would be our target for the end of 2026."
"This situation may come as a crisis for many assets, but for gold, it's a perfect outcome. Inflation fears remain high as the U.S. stock market loses trillions of dollars, and investors are leaning toward physical gold in search of security rather than risky assets like stocks and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)," said Rick Kanda, managing director at The Gold Bullion Company, in an email.
<h1 class="wp-block-heading">Miners Regain Momentum</h1>
The rally is also lifting gold miners, many of which had lagged physical bullion for much of 2024. Now, they're catching up. "Gold has surged to new all-time highs above $3,000/ounce, driven by renewed flows into gold-backed ETFs and continued strong demand from global central banks," VanEck said Monday.
"At the same time, gold miners are beginning to regain leverage to gold prices, emerging as some of the best-performing stocks so far this year."
The VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) is up nearly 52% year-to-date, eyeing the strongest annual gain since the fund&#8217;s inception in 2007.
In response to the metal's powerful rally, Bank of America on Monday raised price targets across its North American gold and silver coverage. 
The move comes just ahead of first-quarter earnings season in the precious metals sector, which begins April 23 with Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) and continues with Agnico Eagle Mines Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEM#NYSE">AEM</a>) on April 24.
Here are the new price targets for key names:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>New Target</th>
<th>Previous Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Agnico Eagle Mines </td>
<td>$159</td>
<td>$142</td>
</tr>
<tr>
<td>Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>)</td>
<td>$23</td>
<td>$19.50</td>
</tr>
<tr>
<td>Kinross Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>)</td>
<td>$17.50</td>
<td>$15</td>
</tr>
<tr>
<td>Newmont Corp. </td>
<td>$70</td>
<td>$60</td>
</tr>
<tr>
<td>B2Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTG#NYSE">BTG</a>)</td>
<td>$3.10</td>
<td>$2.75</td>
</tr>
<tr>
<td>Centerra Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CGAU#NYSE">CGAU</a>)</td>
<td>$6.50</td>
<td>$5.50</td>
</tr>
<tr>
<td>Eldorado Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGO#NYSE">EGO</a>)</td>
<td>$19.50</td>
<td>$17.25</td>
</tr>
<tr>
<td>IAMGOLD Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>)</td>
<td>$9.25</td>
<td>$7.75</td>
</tr>
<tr>
<td>SSR Mining Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSRM#NASDAQ">SSRM</a>)</td>
<td>$9.75</td>
<td>$8.50</td>
</tr>
<tr>
<td>Alamos Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>)</td>
<td>$35</td>
<td>$30.50</td>
</tr>
<tr>
<td>New Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGD#NYSE">NGD</a>)</td>
<td>$4.55</td>
<td>$4.10</td>
</tr>
<tr>
<td>Pan American Silver Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAAS#NASDAQ">PAAS</a>)</td>
<td>$32</td>
<td>$27</td>
</tr>
<tr>
<td>Franco-Nevada Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>)</td>
<td>$195</td>
<td>$165</td>
</tr>
<tr>
<td>Royal Gold Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)</td>
<td>$183</td>
<td>$164</td>
</tr>
<tr>
<td>Triple Flag Precious Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFPM#NYSE">TFPM</a>)</td>
<td>$27</td>
<td>$24</td>
</tr>
<tr>
<td>Wheaton Precious Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPM#NYSE">WPM</a>)</td>
<td>$100</td>
<td>$86</td>
</tr>
</tbody>
</table>
</figure>
Read Now: 
<ul>
<li><a href="https://www.benzinga.com/news/25/04/44886209/if-you-had-bet-on-gold-after-the-1971-nixon-shock-youd-have-beaten-the-sp-500-unless-you-did-this-one-thing">If You Had Bet On Gold After The 1971 Nixon Shock, You&#8217;d Have Beaten The S&amp;P 500 — Unless You Did This One Thing</a></li>
</ul>
Photo: Shutterstock

Government

Large Cap

Macro Economic Events

Regulations

Sector ETFs

Specialty ETFs

Econ #s

Economics

Federal Reserve

$BTC

AAAU

Market Vectors ETF Trust Market Vectors Gold Miners

GLDM

Gold Price Soars To Record Highs, Eyes Best 2-Month Rally Since 2011 On Blockbuster ETF Buying

Comments

Iamgold

ニュース

最新ニュース Iamgold (NYSE:IAG) 株価情報

ニュース

パートナーシップ

ベンジンガ・グローバル