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

i-80 Gold Corp. (TSE:IAU - Get Free Report) Director John Seaman acquired 25,000 shares of the firm's stock in a transaction dated Friday, November 15th. The stock was bought at an average price of C$0.50 per share, for a total transaction of C$12,500.00.

i-80 Gold Stock Down 10.9 %

Shares of TSE:IAU traded down C$0.06 during trading hours on Friday, reaching C$0.49. The stock had a trading volume of 3,798,875 shares, compared to its average volume of 937,377. i-80 Gold Corp. has a 1 year low of C$0.47 and a 1 year high of C$2.48. The firm's 50 day moving average is C$1.45 and its 200-day moving average is C$1.46. 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 stock has a market capitalization of C$188.62 million, a price-to-earnings ratio of -1.41 and a beta of 1.79.

i-80 Gold (TSE:IAU - Get Free Report) last announced its quarterly earnings data on Monday, August 12th. The company reported C($0.10) EPS for the quarter. i-80 Gold had a negative net margin of 162.25% and a negative return on equity of 19.88%. The firm had revenue of C$9.83 million during the quarter. Research analysts predict that i-80 Gold Corp. will post 0.0264607 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Cormark upgraded shares of i-80 Gold to a "hold" rating in a report on Thursday. Ventum Cap Mkts lowered shares of i-80 Gold from a "strong-buy" rating to a "hold" rating in a report on Wednesday. Finally, National Bank Financial lowered shares of i-80 Gold from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 9th. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, i-80 Gold currently has an average rating of "Moderate Buy" and a consensus 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.

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