i-80 Gold (TSE:IAU) Lowered to "Hold" at National Bank Financial

National Bank Financial cut shares of i-80 Gold (TSE:IAU - Free Report) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday morning, Zacks.com reports.

Other equities research analysts also recently issued reports about the company. Cibc World Mkts raised i-80 Gold to a strong-buy rating in a research report on Wednesday, July 10th. Stifel Nicolaus lowered their price target on i-80 Gold from C$4.10 to C$3.90 and set a buy rating on the stock in a research report on Wednesday, July 3rd.

i-80 Gold Stock Up 0.7 %

i-80 Gold stock traded up C$0.01 during mid-day trading on Wednesday, hitting C$1.48. 925,445 shares of the company's stock were exchanged, compared to its average volume of 862,921. The company has a current ratio of 0.54, a quick ratio of 1.57 and a debt-to-equity ratio of 38.47. The stock has a market cap of C$569.71 million, a P/E ratio of -3.77 and a beta of 1.79. i-80 Gold has a 1-year low of C$1.05 and a 1-year high of C$2.48. The stock has a 50 day moving average of C$1.42 and a two-hundred day moving average of C$1.52.

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

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.