Iamgold: Massive Impairment Hurts The Stock, But Higher Gold Price Will Cure The Wound
IAMGOLD reports Q4 2019 results. The company has to record a $395 million impairment charge for the Westwood mine. I maintain my opinion that current gold prices are sufficient enough to help IAMGOLD get through the tough period and improve its position. IAMGOLD (NYSE:IAG) has just reported its fourth-quarter results. The company’s shares had a …
News story posted on 2020-02-21T09:32:00.0000000Z
