i-80 Gold Corp. (TSE:IAU) Director Purchases 195,000 Shares

i-80 Gold Corp. (TSE:IAU - Get Free Report) Director Richard Scott Young acquired 195,000 shares of the firm's stock in a transaction that occurred on Tuesday, November 19th. The shares were purchased at an average price of C$0.64 per share, with a total value of C$124,800.00.

i-80 Gold Trading Up 22.2 %

TSE:IAU traded up C$0.14 during trading hours on Tuesday, hitting C$0.77. The company had a trading volume of 3,986,992 shares, compared to its average volume of 963,573. The company has a market capitalization of C$296.40 million, a PE ratio of -1.97 and a beta of 1.79. 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 stock has a 50-day moving average price of C$1.41 and a 200 day moving average price of C$1.44. i-80 Gold Corp. has a 52 week low of C$0.47 and a 52 week high of C$2.48.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Ventum Cap Mkts downgraded shares of i-80 Gold from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 13th. Cormark upgraded shares of i-80 Gold to a "hold" rating in a report on Thursday, November 14th. 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 assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, i-80 Gold currently has an average rating of "Moderate Buy" and an average target price of C$3.90.

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.