​​​Inflation is here to stay. While down from the historically high levels hit over the past year or so, inflation rates remain elevated and are wearing on the economy. U.S. business activity slowed to a four-month low this month, which has worried the Federal Reserve. It was looking to cut interest rates at least three times this year, possibly as many as six times, but now it’s not sure it will even do it once. Fed Chairman Jay Powell recently said he had no “confidence” that inflation would h

Whenever I find good growth stock ideas for long term investing, I always check on the social media interest. There are stories being widely discussed with multibagger targets. While it does not imply that these ideas will not work, I prefer to invest in potential multibagger growth stocks that are not in the limelight. These stocks represent companies with strong fundamentals and a positive industry outlook. Further, these ideas have gone unnoticed or the markets are currently ignoring them. As

Precious metals have been in an uptrend for year-to-date on the back of multiple factors. With the bull run likely to sustain, it’s a good time to buy precious metal penny stocks for quick returns. Let’s first talk about the catalysts for upside in gold and silver. First, despite relatively stubborn inflation, multiple rate cuts are on the cards in the next 12 months. Easy money policies translate into a weaker dollar, which is positive for gold and silver. Further, globally, geopolitical tensio

Penny stocks can be massive wealth creators. High-potential penny stocks that deliver 10x or 20x returns can have a huge impact on the overall portfolio. However, in an ocean of penny stock ideas, only dozens will deliver. The others will fizzle out and will be forgotten. There are ideas from the euphoria of 2021 that skyrocketed and subsequently crashed. My focus in this column is on penny stock ideas that are worth holding until 2030. In my view, these high-potential penny stocks can deliver a

IAMGOLD's (IAG) shares gain on upbeat fourth-quarter 2023 results, initial gold pour at Cote Gold Mine and a surge in gold prices.

Toronto, Ontario--(Newsfile Corp. - April 5, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce it plans to release its first quarter 2024 operating and financial results after market hours on Thursday, May 9, 2024. Senior management will host a conference call to discuss the operating performance and financial results on Friday, May 10, 2024, at 8:30 a.m. (Eastern Time). Listeners may access the conference call via ...

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - April 4, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") announced today that it has entered into a forward gold sale arrangement ("2025 Q2 Prepay Arrangement") and a partial amendment to one of its existing gold prepay arrangements ("Q2 Deferral Prepay Arrangement", together the "Arrangements"). The net result of these Arrangements is the effective t

IAMGOLD (IAG) announces inaugural gold pour at Cote Gold Mine. The company expects to start commercial production at the mine in the third quarter of 2024.

There is no doubt that long term investing is the secret to making millions from the markets. Spotting a good opportunity and holding with patience has delivered massive returns for legendary investors like Warren Buffett. Having said that, an active investor should not miss potential trading opportunities that can deliver quick returns. The focus of this column is on speculative stocks to buy for 100% returns in Q2 2024. Besides looking at charts, there are two ways to identify stocks for a qui

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - March 31, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce that it has completed its first gold pour at the Côté Gold Mine ("Côté Gold" or "Côté"), located in Ontario, Canada. Côté Gold is operated as a joint venture between IAMGOLD, as the operator, and Sumitomo Metal Mining Co., Ltd. ("Sumitomo")."I ...