Iamgold (NYSE: IAG) (Seite 236)

[codiman]

Antwort auf Beitrag Nr.: 49.286.060 von keusix am 10.03.15 11:05:22

Da bin ich auch wieder drin .

[keusix]

Antwort auf Beitrag Nr.: 49.284.782 von cure am 10.03.15 09:23:34

bei den genannten werten, kannst direkt in den etf091 investieren.
in dem etf sind (fast) alle werte vertreten.

keusix

[cure]

•IAMGOLD had $321 million cash and equivalents at the end of the quarter, not including the $500 million sale of the Niobec mine, and now has over $850 million.
•The quarterly results are strong as they show IAMGOLD is successfully reducing cash costs and improving profit margins at its core gold mines.


sehe ich auch ..wie geschrieben ....unter 1,5 rein bzw.die teuer verkauften Pos. wieder eintüten ...

[NickelChrome]

Antwort auf Beitrag Nr.: 49.284.365 von Valueandi am 10.03.15 08:48:04

Das die Iamgold ein wackeliges Teil ist sieht man alleine schon daran,
dass die Aktie von den am meisten gehandelten die volatilste im HUI ist.
Doppelter Hebel mindestens.
Daher möchte ich nicht mehr so ein Klumpenrisiko durch Nachkäufe sammeln.
Gut finde ich das Chance Risiko beim GDXJ ETF.

Habe gestern ein paar 541501 Petroleo Brasileiro ADRs ins Depot gelegt...
Wenn am Nachmittag USA handelt ist der Spread gering.
52 Wochentief ist nicht weit.

[bennog]

Antwort auf Beitrag Nr.: 49.284.782 von cure am 10.03.15 09:23:34

den beitrag von Hebba Inestmnts nehme ich nicht für voll..das sind fiktive zahlen "was wäre wenn" und parameter wie der wegfall der Nio Mine welche die Prod.kosten der GoldUnzen sicher nicht so nach oben explod. lässt.....

Fakt ist erstmal der Beitrag unten..d.h....gut möglich,dass die kosten auch weiter sinken ....Kurse unter 1,50 euro sind definitv kaufkurse


Summary
•IAMGOLD just reported EPS of $.03 on revenue of $272.5 million; more importantly, the company's all-in sustaining cost fell to $1,021 for Q4, the fourth consecutive quarterly decline.
•Net cash from operating activities was $72 million, up 64% year-over-year.
•IAMGOLD had $321 million cash and equivalents at the end of the quarter, not including the $500 million sale of the Niobec mine, and now has over $850 million.
•The quarterly results are strong as they show IAMGOLD is successfully reducing cash costs and improving profit margins at its core gold mines.



IAMGOLD (NYSE:IAG)



IAG data by YCharts

IAMGOLD just reported its Q4 2014 and full-year 2014 financial results, and I am quite pleased with the results as IAMGOLD delivered on its production guidance and beat its cash cost guidance. Things are looking even better for 2015 as the company now has over $800 million in cash plus a $500 million undrawn credit facility to complete a gold mine acquisition.

First, all-in sustaining costs at the company's gold mines came in at $1,021 an ounce in Q4, down $94 an ounce from the previous quarter and $209 per ounce year-over-year, so the company is making strong progress on its cost-cutting efforts. Net cash from operating activities was $72 million in Q4, a 64% increase from last year. Capital expenditures of $325 million came in 10% below guidance and were 51% lower than 2013. All of this means improved profitability for IAMGOLD, which is crucial as the price of gold continues to show weakness and currently sits at just over $1,200 an ounce.

Readers will remember that in the previous quarterly earnings, IAMGOLD's all-in sustaining costs had fallen just $9 an ounce from the previous quarter, to $1,115 an ounce. So in my coverage on the earnings report, I admitted that the company had some work to do to decrease its cash costs, and I said I'd like to see the company get its all-in costs under $1,050 an ounce. Part of the company's cost-cutting plans included a 40% reduction in the executive team and a 10% overall reduction of corporate, general and administrative expenses in 2015.

These quarterly results certainly quelled any of my previous concerns regarding IAMGOLD's cash costs. With all-in sustaining costs of $1,021 at its gold mines, IAMGOLD reports healthy margins of $200 or so per gold ounce at current gold prices.

Outlook for 2015 is solid as the company expects to produce 820,000 to 860,000 ounces of gold, at all-in sustaining costs per ounce between $1,075 to $1,175. But I think the company should easily hit the low-end of this guidance based on the fourth quarter results and the less capital expenses required in 2015, as IAMGOLD's 2015 capital expenses are estimated at $230 million, including $70 million in sustaining capital required at the Rosebel mine and $80 million in development, expansion and sustaining capital at the Westwood mine.

With the gold price at $1,220 an ounce, IAMGOLD should report a pretty decent profit if it hits the low-end of its cash cost guidance, like it did in 2014. At $1,220 gold and $1,050 all-in costs, the company would profit $170 per ounce, so with 820,000 ounces of production, EBITDA would come in around $139 million.

The bottom line: IAMGOLD has delivered so far on its cost-cutting efforts at its core gold mines, as all-in costs beat the low end of its guidance. The positive momentum should continue into 2015. And after selling the Niobec mine, the company has one of the strongest balance sheets in the gold mining sector, with $850 million in cash (includes a $50 million flow-through financing after the quarter's end) compared to $640 million in debt.

With a $500 million undrawn credit facility, the company has more than $1.3 billion in working capital, which is $400+ million more than its entire market cap. I am looking forward to seeing the company make a gold acquisition in 2015 as it looks to further diversify its gold production and lower its all-in sustaining costs. I've listed five junior mining companies I think could be a good fit for the company.






Check out Seeking Alpha’s new Earnings Center

[Keilfleckbarbe]

Scheinbar brauchen das die Miner immer richtig was auf die 10 ! Wenn ich kein Geld verdiene und jede Unze ein Verlust ist, warum um alles ind er Welt foerdere ich wie ein Bekloppter mehr und mehr Gold und flute damit den Markt ???? Die Foerderung muss drastisch einbrechen, aber wird immer mehr ausgedehnt. Am Ende sind alle tot. Kann ich ncht verstehen...

Die Miner baggern mit Rekordgeschwindigkeit ihre HigH Grades ab und haben kein Geld mehr, die zu ersetzen. Verdienen tun die auch nicht, also warum nicht gleich Unzen im Boden lassen

[cure]

Antwort auf Beitrag Nr.: 49.284.653 von Valueandi am 10.03.15 09:12:37

Zitat von Valueandi: Bei den produktionskosten sehe ich nur wenig Licht für iamgold.
Natürlich können die niedrigere Kosten zukaufen,das bleibt die einzige Hoffnung.
Aber Anglo Ashanti oder Randgold finde ich besser..

wenn ich in Minen wieder einsteige ..dann breit ..mind. 10 Werte ..und eine AngloAshanti ist da auch dabei ..genauso wie eine Iamgold,Harmony,Kinross,Barrick,Newmond,Goldfields,Yamana,Cours,Goldcorp usw. usw.

[Valueandi]

Antwort auf Beitrag Nr.: 49.284.608 von cure am 10.03.15 09:09:16

Bei den produktionskosten sehe ich nur wenig Licht für iamgold.
Natürlich können die niedrigere Kosten zukaufen,das bleibt die einzige Hoffnung.
Aber Anglo Ashanti oder Randgold finde ich besser..

[cure]

Antwort auf Beitrag Nr.: 49.284.482 von Valueandi am 10.03.15 09:00:56

Kenne ich ...ich sprach von Cash bzw. wie du darauf kommst ""Cash haben Sie auch nur wenig ""

Das die um 1200 kein Geld verdienen weiß ich selber ...bei 800 Mio Cash in der Hinterhand ist das aber eine sehr komfortable Situation auf höhere Goldpeise zu warten ....zudem werden die Kosten weiter gesenkt ...

PS: ich steige unter 1,50 wieder ein ...mit mehr als 1500 Stück

[Valueandi]

Antwort auf Beitrag Nr.: 49.284.398 von cure am 10.03.15 08:52:50

Iamgold Sell

Glaubst dus wieder nicht??
Finally, Iamgold does have significant cash on its balance sheet (with addition of more than $500 million from the sale of its niobium mine), so the key for Iamgold investors will be either seeing a higher gold price in 2015 or the acquisition of a high-quality asset that can help the company's production in the future. But clearly in a $1200 gold price environment, Iamgold does not seem very attractive and it is up to the company to show investors that it can reduce costs significantly to increase its return for investors.

http://seekingalpha.com/article/2980346-what-it-really-costs…


Company


Q4 Core Non-tax Costs


Q4 Core Costs

Randgold (NASDAQ:GOLD)


Under $1000 per gold-equivalent ounce


Around $1000 per gold-equivalent ounce

Eldorado (NYSE:EGO)


Under $1000 per gold-equivalent ounce


Under $1000 per gold-equivalent ounce

Barrick (NYSE:ABX)


Around $1100 per gold-equivalent ounce


Under $1500 per gold-equivalent ounce**

Alamos Gold (NYSE:AGI)


Around $1100 per gold-equivalent ounce


Around $1100 per gold-equivalent ounce

Newmont (NYSE:NEM)


Above $1100 per gold-equivalent ounce


Above $1200 per gold-equivalent ounce

Agnico Eagle (NYSE:AEM)


Above $1100 per gold-equivalent ounce


Above $1200 per gold-equivalent ounce

Goldfields


Under $1200 per gold-equivalent ounce


Above $1200 per gold-equivalent ounce

Goldcorp (NYSE:GG)


Around $1200 per gold-equivalent ounce


Above $1500 per gold-equivalent ounce**

Yamana Gold


Around $1250 per gold-equivalent ounce


Above $1350 per gold-equivalent ounce**

Kinross (NYSE:KGC)


Over $1300 per gold-equivalent ounce


Above $1800 per gold-equivalent ounce**

Iamgold (NYSE:IAG)


Over $1500 per gold-equivalent ounce


Over $1700 per gold-equivalent ounce**