i-80 Gold FY2024 EPS Decreased by National Bank Financial

i-80 Gold Corp. (TSE:IAU - Free Report) - National Bank Financial dropped their FY2024 earnings estimates for i-80 Gold in a report released on Wednesday, January 8th. National Bank Financial analyst D. Demarco now expects that the company will earn ($0.35) per share for the year, down from their previous estimate of ($0.29). 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 $0.03 per share.

Other equities analysts have also recently issued reports about the company. National Bankshares raised i-80 Gold from a "sector perform" rating to an "outperform" rating and reduced their target price for the company from C$2.25 to C$1.75 in a research note on Thursday. Cormark upgraded shares of i-80 Gold to a "hold" rating in a report on Thursday, November 14th. Cibc World Mkts cut shares of i-80 Gold from a "strong-buy" rating to a "hold" rating in a research report on Monday, December 2nd. Stifel Canada cut i-80 Gold from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, December 30th. Finally, Royal Bank of Canada lowered their target price on i-80 Gold from C$3.00 to C$2.00 in a research note on Friday, December 6th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$2.55.

i-80 Gold Trading Up 1.2 %

IAU opened at C$0.83 on Monday. i-80 Gold has a one year low of C$0.47 and a one year high of C$2.40. The company has a debt-to-equity ratio of 38.47, a current ratio of 0.54 and a quick ratio of 1.57. The business has a 50 day simple moving average of C$0.88 and a two-hundred day simple moving average of C$1.25. The firm has a market capitalization of C$319.50 million, a price-to-earnings ratio of -2.13 and a beta of 1.79.

Insider Buying and Selling at i-80 Gold

In related news, Director Richard Scott Young bought 195,000 shares of the business's stock in a transaction dated Tuesday, November 19th. The shares were purchased at an average cost of C$0.64 per share, with a total value of C$124,800.00. Over the last quarter, insiders acquired 285,150 shares of company stock valued at $184,581. Corporate insiders own 2.43% of the company's stock.

i-80 Gold Company Profile

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.