Euro Pacific Asset Management LLC Sells 1,192,864 Shares of i-80 Gold Corp. (NYSE:IAUX)

Euro Pacific Asset Management LLC reduced its stake in i-80 Gold Corp. (NYSE:IAUX - Free Report) by 12.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,571,215 shares of the company's stock after selling 1,192,864 shares during the quarter. Euro Pacific Asset Management LLC owned approximately 2.12% of i-80 Gold worth $4,133,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IAUX. SG Americas Securities LLC lifted its position in shares of i-80 Gold by 23.7% during the 4th quarter. SG Americas Securities LLC now owns 129,070 shares of the company's stock worth $63,000 after buying an additional 24,740 shares in the last quarter. JPMorgan Chase & Co. boosted its position in i-80 Gold by 27.1% in the third quarter. JPMorgan Chase & Co. now owns 146,953 shares of the company's stock worth $170,000 after purchasing an additional 31,315 shares during the last quarter. Tidal Investments LLC grew its stake in 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 period. Barclays PLC increased its position in shares of i-80 Gold by 117.0% during the 3rd quarter. Barclays PLC now owns 604,069 shares of the company's stock valued at $701,000 after purchasing an additional 325,664 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of i-80 Gold by 22.9% during the 3rd quarter. Geode Capital Management LLC now owns 3,773,197 shares of the company's stock worth $4,377,000 after purchasing an additional 702,326 shares during the period. 61.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

IAUX has been the subject of several research reports. National Bank Financial raised i-80 Gold from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 8th. Stifel Canada lowered shares of i-80 Gold from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, December 30th. Cormark raised i-80 Gold to a "hold" rating in a report on Thursday, November 14th. Cibc World Mkts downgraded shares of i-80 Gold from a "strong-buy" rating to a "hold" rating in a report on Monday, December 2nd. Finally, Ventum Cap Mkts lowered i-80 Gold from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, November 13th. Three equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $3.50.

i-80 Gold Stock Up 0.9 %

Shares of i-80 Gold stock traded up $0.01 on Friday, hitting $0.56. The stock had a trading volume of 3,190,310 shares, compared to its average volume of 4,371,988. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.22 and a current ratio of 0.33. i-80 Gold Corp. has a one year low of $0.34 and a one year high of $1.78. The firm has a 50-day moving average of $0.57. The firm has a market cap of $224.70 million, a PE ratio of -1.54 and a beta of 1.25.

i-80 Gold (NYSE:IAUX - Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $11.51 million during the quarter. i-80 Gold had a negative return on equity of 21.18% and a negative net margin of 231.43%. As a group, equities analysts predict that i-80 Gold Corp. will post -0.2 EPS for the current fiscal year.

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.