This Investor Boosted IAMGOLD by 2.6 Million Shares Amid a 240% Rally

2 hours ago 1

Jonathan Ponciano, The Motley Fool

Sat, December 27, 2025 astatine 1:33 PM CST 5 min read

Prague-based Pale Fire Capital SE accrued its IAMGOLD involvement by 2.6 cardinal shares successful the 3rd quarter.
The presumption worth accrued by $41.12 cardinal from the erstwhile period.
As of September 30, the money reported holding implicit 3.9 cardinal IAG shares worthy $50.8 million, making it the fund's fourth-largest holding.
These 10 stocks could mint the adjacent question of millionaires ›

Prague-based Pale Fire Capital SE reported a acquisition of 2.6 cardinal further IAMGOLD Corporation shares, expanding its presumption worth by astir $41.12 million, according to a November 13 SEC filing.

According to a filing with the U.S. Securities and Exchange Commission dated November 13, Pale Fire Capital SE added 2.61 cardinal shares of IAMGOLD Corporation (NYSE:IAG) during the 3rd quarter. The accrued involvement brought the fund’s full holding to 3.93 cardinal shares valued astatine $50.83 cardinal arsenic of September 30.

This acquisition raised IAMGOLD to 5.56% of Pale Fire Capital SE’s reportable U.S. equity AUM.

Top holdings aft the filing:

NYSEMKT: BTG: $247.58 cardinal (27.14% of AUM)
NASDAQ: GRPN: $237.73 cardinal (26.06% of AUM)
NYSE: DOLE: $115.42 cardinal (12.65% of AUM)
NYSE: IAG: $50.83 cardinal (5.57% of AUM)
NYSEMKT: NGD: $44.60 cardinal (4.89% of AUM)

As of Friday, IAG shares were priced astatine $17.61, up a staggering 242% implicit the past twelvemonth and vastly outperforming the S&P 500, which is up astir 15% successful the aforesaid period.

Metric

Value

Price (as of Friday)	$17.61
Market Capitalization	$10.44 billion
Revenue (TTM)	$2.23 billion
Net Income (TTM)	$344.00 million

IAMGOLD Corporation produces and sells gold, with operations spanning North America, South America, and West Africa. Its superior gross sources are the Rosebel, Essakane, Westwood, and Côté golden projects.
The institution operates a vertically integrated mining concern model, generating gross done golden extraction, processing, and income from wholly and jointly owned mining assets and improvement projects.

IAMGOLD Corporation is simply a mid-tier golden shaper with a diversified plus basal and a beingness successful respective cardinal mining regions.

Big adds during triple-digit gains thin to marque investors nervous, but this determination matters due to the fact that it signals condemnation successful the durability of IAMGOLD’s reset, not conscionable a commercialized chasing golden prices. Even aft its explosive rally, the banal remains good beneath prior-cycle highs much than a decennary ago, suggesting the marketplace is inactive recalibrating what this institution tin gain done a afloat commodity cycle.

Operationally, the communicative has shifted from endurance to execution. IAMGOLD’s plus basal is nary longer defined solely by bequest operations but by a clearer accumulation illustration crossed aggregate regions, which helps explicate wherefore superior is being redeployed into spot alternatively than trimmed. Recent results reinforced that theme, with dependable accumulation show and a equilibrium expanse positioned to payment from higher realized golden prices without the aforesaid leverage hazard that haunted the institution successful anterior years.

This fund’s portfolio is heavy tilted toward cyclical and commodity-linked names, making IAMGOLD a complementary vulnerability alternatively than an outlier. With golden equities historically lagging bullion precocious successful rallies, reallocating toward miners with improving fundamentals tin beryllium a rational adjacent step.