Paasa Logo

Toronto Stock Exchange · Basic Materials

Invest in Iamgold stock from India

Indian and foreign residents can buy Iamgold (IMG) shares directly through Paasa.

By Paasa · Updated

Iamgold at a glance

Price
CA$26.47-CA$1.38 (4.96%)
Market cap
CA$15.30B
Day range
CA$26.06 – CA$27.11
P/E
9.39
Dividend yield
None
Volume
1.69M
1 month
-7.48%
6 months
+7.60%
YTD
+16.87%
1 year
+48.37%
5 years
+797.29%

Live chart and statistics

Iamgold statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$2.9B$1.6B$987.1M$958.8M$1.2B
Gross profit$1.2B$549.9M$124.1M$147.9M$2.7M
Operating income$1.1B$944.0M−$300.0K$58.8M−$103.3M
Net income$676.0M$819.6M$94.3M−$36.4M−$255.1M
Earnings per share$1.17$1.52$0.18−$0.08−$0.54
EBITDA$1.6B$1.2B$315.4M$273.6M$219.0M
Total assets$6.3B$5.4B$4.5B$4.4B$4.0B
Total debt$761.8M$1.2B$952.1M$992.5M$530.0M
Cash and short-term investments$422.1M$348.5M$367.1M$407.8M$552.5M
Shareholders' equity$4.2B$3.3B$2.2B$2.1B$2.2B
Operating cash flow$1.1B$486.0M$159.4M$408.7M$285.0M
Free cash flow$771.4M−$151.4M−$817.3M−$371.8M−$370.2M
Capital expenditure−$298.6M−$637.4M−$975.6M−$780.5M−$655.2M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Endeavour MiningEDV.TOCA$81.31CA$19.65B
China Gold International ResourcesCGG.TOCA$39.38CA$15.61B
Equinox GoldEQX.TOCA$15.94CA$12.58B
Eldorado GoldELD.TOCA$55.84CA$11.89B
B2GoldBTO.TOCA$7.47CA$9.95B
New GoldNGD.TOCA$12.16CA$9.63B
OR RoyaltiesOR.TOCA$48.52CA$9.10B
Artemis GoldARTG.VCA$38.55CA$8.98B

Peers as grouped by the data provider. This is not an investment recommendation.

Analyst price targets

Low
—
High
—
Median
—
Consensus
—

Ratings: 11 buy · 11 hold · 7 sell. Consensus: Buy.

Published sell-side 12-month targets in CAD, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in Iamgold from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.

  3. Step 3

    Search IMG and buy

    Find Iamgold by name or by its ticker, IMG, and place your order.

Why invest in Iamgold from India

What Iamgold does

IAMGOLD Corporation, through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso. The company’s flagship project includes Côté Gold that covers an area of 596 hectares located in the Chester and Yeo Townships, district of sudbury, in northeastern Ontario. Iamgold operates in the Gold industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Iamgold stock from India?

Yes. Indian residents and NRIs can buy Iamgold (IMG) shares directly through Paasa. Iamgold is listed on the Toronto Stock Exchange, in the Gold industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

What tax do I pay in India when I sell Iamgold shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Share this guide
Get started

Own global companies from India, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you