i-80 Gold (TSE:IAU - Get Free Report) was upgraded by stock analysts at Cormark to a "hold" rating in a research report issued to clients and investors on Thursday,Zacks.com reports.
Separately, National Bank Financial downgraded i-80 Gold from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 9th. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$3.90.
Check Out Our Latest Analysis on i-80 Gold
i-80 Gold Trading Down 10.9 %
TSE IAU traded down C$0.06 on Thursday, hitting C$0.49. The company's stock had a trading volume of 3,798,875 shares, compared to its average volume of 937,377. The firm has a market cap of C$188.62 million, a PE ratio of -1.41 and a beta of 1.79. The company has a quick ratio of 1.57, a current ratio of 0.54 and a debt-to-equity ratio of 38.47. i-80 Gold has a 1-year low of C$0.47 and a 1-year high of C$2.48. The company's 50-day moving average is C$1.45 and its 200 day moving average is C$1.46.
i-80 Gold (TSE:IAU - Get Free Report) last released its quarterly earnings results on Monday, August 12th. The company reported C($0.10) EPS for the quarter. The company had revenue of C$9.83 million during the quarter. i-80 Gold had a negative return on equity of 19.88% and a negative net margin of 162.25%. As a group, analysts predict that i-80 Gold will post 0.0264607 earnings per share for the current fiscal year.
i-80 Gold Company Profile
(
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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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