i-80 Gold Corp. (TSE:IAU) Director John Seaman Acquires 25,000 Shares

i-80 Gold Corp. (TSE:IAU) Director John Seaman purchased 25,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were purchased at an average price of C$0.50 per share, with a total value of C$12,500.00.

i-80 Gold Stock Down 10.9 %

IAU stock opened at C$0.49 on Friday. The company has a market capitalization of C$188.62 million, a price-to-earnings ratio of -1.26 and a beta of 1.79. The company has a debt-to-equity ratio of 38.47, a quick ratio of 1.57 and a current ratio of 0.54. The business’s 50 day moving average price is C$1.43 and its two-hundred day moving average price is C$1.45. i-80 Gold Corp. has a fifty-two week low of C$0.47 and a fifty-two week high of C$2.48.

Analyst Upgrades and Downgrades

A number of research analysts have commented on IAU shares. National Bank Financial lowered i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 9th. Cormark upgraded shares of i-80 Gold to a “hold” rating in a report on Thursday. Finally, Ventum Cap Mkts downgraded shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, i-80 Gold presently has a consensus rating of “Moderate Buy” and an average price target of C$3.90.

About i-80 Gold

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.