We report on the palaeomagnetism of the gabbroic Cape St Mary’s sills of the Avalon Peninsula of Newfoundland, which have previously yielded a 441±2 Ma U–Pb baddeleyite age (latest Ordovician or earliest Silurian). At 12 of 19 sites, stepwise alternating‐field or thermal demagnetization isolated a stable characteristic remanence carried by magnetite. This remanence is shown to pre‐date Early Devonian folding of the sills. Although a baked‐contact test was inconclusive, the positive fold test and the low grade of metamorphism of the sills (prehnite–pumpellyite facies) make it likely that the characteristic remanence is primary. The tilt‐corrected site‐mean characteristic remanence has a declination of 343° and an inclination of −51° (k=25, α95=9°), yielding a ∼440 Ma palaeopole at 10°N, 140°E (dm=12°, dp=8°) for West (North American) Avalonia. The corresponding ∼440 Ma palaeolatitude for the Avalon Peninsula is 32°S±8°. The only other West Avalonian palaeolatitude determination from rocks that could be of similar age is from the Dunn Point volcanics of Nova Scotia; their more southerly palaeolatitude of 41°S±5° suggests that they are significantly older than 440 Ma, a possibility that we recommend testing with U–Pb dating. Although no ∼440 Ma palaeolatitude determinations are available for East Avalonia (parts of southern Britain and Ireland), interpolating between mid‐Ordovician and mid‐Silurian determinations gives an estimate of ∼25°S. This is consistent with our Cape St Mary’s result and, if the Iapetus Ocean closed orthogonally, with a narrow (∼1000 km) Iapetus Ocean of approximately east–west orientation between Avalonia and Laurentia by 440 Ma.