SCHEDULE: Donald Smith & Co. Reports 4.68% Stake in IAMGOLD

Donald Smith & Co., Inc. and DSCO Value Fund, L.P. have reported a combined beneficial ownership of 4.68% in IAMGOLD Corp's common shares.

Summary

• Donald Smith & Co., Inc. and DSCO Value Fund, L.P. collectively own 26,937,710 common shares of IAMGOLD Corp.
• This represents 4.68% of IAMGOLD Corp's common shares outstanding.
• Donald Smith & Co., Inc. holds sole voting power over 26,236,695 shares and sole dispositive power over 26,690,355 shares.
• DSCO Value Fund, L.P. holds sole voting power and sole dispositive power over 247,355 shares.
• The filing indicates the shares were acquired and are held in the ordinary course of business, not for the purpose or effect of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual report of beneficial ownership and does not contain qualitative information to assess positive or negative sentiment beyond the fact of an institutional investment.

Positives

• A major investment firm, Donald Smith & Co., Inc., has taken a substantial 4.68% stake in IAMGOLD Corp, potentially signaling confidence in the company's future.
• The investment is stated to be for ordinary course of business, not for control, suggesting a long-term investment perspective.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake may influence investor perception and potentially share price.
• Company Management: Awareness of a large institutional holder may influence strategic decisions, though the filing states no intent to influence control.

Key Dates

Keywords

IAMGOLD, Donald Smith & Co., DSCO Value Fund, beneficial ownership, Schedule 13G, institutional investment, common shares, mining, gold