i-80 Gold Corp. (NYSE:IAUX – Free Report) – National Bank Financial boosted their FY2025 earnings estimates for shares of i-80 Gold in a research report issued on Tuesday, April 1st. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of ($0.05) for the year, up from their previous forecast of ($0.12). National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for i-80 Gold’s current full-year earnings is ($0.20) per share. National Bank Financial also issued estimates for i-80 Gold’s FY2025 earnings at ($0.05) EPS, FY2026 earnings at $0.01 EPS and FY2026 earnings at $0.01 EPS.
Several other equities analysts have also recently issued reports on IAUX. Stifel Canada cut i-80 Gold from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, December 30th. Cormark raised i-80 Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, March 7th. Two research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, i-80 Gold currently has an average rating of “Moderate Buy” and an average target price of $3.50.
i-80 Gold Price Performance
Shares of IAUX stock opened at $0.56 on Friday. The company has a quick ratio of 0.22, a current ratio of 0.33 and a debt-to-equity ratio of 0.19. i-80 Gold has a 12 month low of $0.34 and a 12 month high of $1.51. The stock’s 50-day moving average price is $0.66. The stock has a market capitalization of $248.47 million, a P/E ratio of -1.56 and a beta of 1.26.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in IAUX. Tidal Investments LLC increased its stake in shares of i-80 Gold by 66.1% in the 3rd quarter. Tidal Investments LLC now owns 19,823,761 shares of the company’s stock valued at $22,996,000 after purchasing an additional 7,889,867 shares during the last quarter. Trek Financial LLC raised its stake in i-80 Gold by 246.6% during the fourth quarter. Trek Financial LLC now owns 6,541,417 shares of the company’s stock worth $3,173,000 after acquiring an additional 4,653,867 shares in the last quarter. Renaissance Technologies LLC raised its stake in i-80 Gold by 429.0% during the fourth quarter. Renaissance Technologies LLC now owns 5,910,533 shares of the company’s stock worth $2,867,000 after acquiring an additional 4,793,333 shares in the last quarter. State Street Corp boosted its stake in shares of i-80 Gold by 16.3% in the 3rd quarter. State Street Corp now owns 4,260,438 shares of the company’s stock valued at $4,942,000 after purchasing an additional 596,190 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of i-80 Gold by 3.0% in the 4th quarter. Geode Capital Management LLC now owns 3,886,847 shares of the company’s stock valued at $1,885,000 after purchasing an additional 113,650 shares in the last quarter. Institutional investors own 61.31% of the company’s stock.
About i-80 Gold
i-80 Gold Corp. is a mining company, engages in the exploration, development and production of gold and silver mineral deposits principally in the United States. i-80 Gold Corp. is based in Reno, Nevada.
Read More
- Five stocks we like better than i-80 Gold
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Intel’s Big Bet on 18A: Will Lip-Bu Tan’s Vision Pay Off?
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Badger Meter Gets an Upgrade—2 Stocks That Could Follow
- High Flyers: 3 Natural Gas Stocks for March 2022
- The Ecosystem Edge: Joby’s Competitive Advantage
Receive News & Ratings for i-80 Gold Daily - 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.