i-80 Gold Corp. (TSE:IAU – Get Free Report) shares lost 2.7% on Friday, trading at CAD$1.10 and last traded at CAD$1.10. About 55,840 shares changed hands during midday trading, a 94% decline from the average daily volume of 892,930 shares. The stock had previously closed at CAD$1.13.
Upgrades and downgrades by analysts
Several research analysts have recently commented on IAU shares. Cibc World Mkts upgraded i-80 Gold to a “strong buy” rating in a research report on Wednesday, July 10. Stifel Nicolaus decreased their price target on i-80 Gold from C$4.10 to C$3.90 and gave the company a “buy” rating in a research report on Wednesday, July 3.
Get our latest research report on i-80 Gold
i-80 Gold share price development
The stock has a market cap of CAD$415.69 million, a P/E ratio of -3.27 and a beta of 1.89. The company has a 50-day moving average of CAD$1.43 and a 200-day moving average of CAD$1.67. The company has a quick ratio of 1.57, a current ratio of 0.30 and a debt-to-equity ratio of 43.59.
i-80 Gold (TSE:IAU – Get Free Report) released its latest earnings results on Monday, May 13. The company reported earnings per share (EPS) of CAD$0.09 for the quarter, missing the consensus estimate of CAD$0.05 by CAD$0.04. i-80 Gold had a negative return on equity of 17.16% and a negative net margin of 115.35%. The company had revenue of CAD$11.34 million during the quarter. Research analysts expect that i-80 Gold Corp. will report earnings per share of CAD$0.0264607 for the current fiscal year.
i-80 Gold Company Profile
(Get free report)
i-80 Gold Corp. is a mining company that explores, develops and produces gold, silver and polymetallic properties in the United States. The Company’s principal assets are the McCoy-Cove gold property in Lander County, Nevada; the Granite Creek gold project in Humboldt County, Nevada; the Lone Tree project on the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill Mine in Eureka County, Nevada.
See also
Get daily news and reviews about i-80 Gold – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for i-80 Gold and related companies with MarketBeat.com’s FREE daily email newsletter.
