Iamgold Corporation logo IAG - Iamgold Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 11
SELL 7
STRONG
SELL
0
| PRICE TARGET: $22.00 DETAILS
HIGH: $24.00
LOW: $20.00
MEDIAN: $22.00
CONSENSUS: $22.00
UPSIDE: 23.46%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Other Commodity Producers 80% confidence

Primary model: FCF at Commodity Price Scenarios

Valuation Signal Fair Value Moderate
Trading 16.8% below fair value
Current Price $17.82
Bear Case $11.68 34.5% downside ($11.68 - $17.82) / $17.82 = -34.5% FCF −30% × 12x
Fair Value $21.43 20.2% upside ($21.43 - $17.82) / $17.82 = 20.2% Current FCF × 15x
Bull Case $33.83 89.8% upside ($33.83 - $17.82) / $17.82 = 89.8% FCF +30% × 18x

Adjust Assumptions

0.0%
15.0x

Key Value Driver

Commodity price outlook and production volume

Implied Market Multiple 12.6x

Plain-Language Summary

At current commodity prices with a 15x EV/FCF multiple, intrinsic value is $21.43 per share. Range: $11.68 to $33.83.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (30 analysts) $22.00
Analyst Range $20.00 – $24.00
Divergence from AlphaVal 3%

Warnings

ℹ Demand trends (construction, electric vehicles, food production) matter more than supply headlines. Focus on who's buying the commodity and why.
⚠ Mines and reserves eventually run out. Standard models undercount this risk — the company must keep finding or buying new resources just to maintain its value.

Key Risks

  • AISC vs. cash cost distinction: always use AISC for breakeven analysis
  • Single-asset companies carry significantly higher risk — widen scenario range
  • Mine permitting takes 10-20 years — growth optionality often priced in optimistically