IAMGOLD Stock Rises on $70M Asset Sale and Gold Price Strength

IAMGOLD Corporation saw its stock trade around $20.99 as of September 4, 2026, close to the prior close of $20.94 after a 3.7% rally the previous day.

The move comes as investors digest a roughly $70 million cash inflow from a strategic asset sale and reassess the valuation against still-elevated gold prices.

The company recently completed the sale of its indirect 35% interest in the Bambadji Joint Venture and its attributable interest in the Bambadji Sud exploration permit in Senegal to Fortuna Mining Corp., generating approximately $70 million in cash proceeds before taxes and transaction costs.