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The Market Has Restored IAG’s Discount—Is a Turnaround Possible?

Annie Gilroy
The Market Has Restored IAG’s Discount—Is a Turnaround Possible?

Historically, IAMGOLD (IAG) has traded at a lower valuation than its peers. Due to its significant turnaround in 2017, the stock’s multiple rerated in 2017, and it’s since reverted back due to IAG’s weak operational performance.