John Seaman Acquires 25,000 Shares of i-80 Gold Corp. (TSE:IAU) Stock

i-80 Gold Corp. (TSE:IAU) Director John Seaman bought 25,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was bought at an average cost of C$0.50 per share, for a total transaction of C$12,500.00.

i-80 Gold Stock Performance

Shares of IAU stock traded down C$0.06 during mid-day trading on Friday, hitting 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 fifty-two week low of C$0.47 and a fifty-two week high of C$2.48. 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 debt-to-equity ratio of 38.47, a current ratio of 0.54 and a quick ratio of 1.57. The company’s 50-day simple moving average is C$1.45 and its 200-day simple moving average is C$1.46.

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

Wall Street Analysts Forecast Growth

IAU has been the topic of several research reports. Ventum Cap Mkts downgraded shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Cormark raised shares of i-80 Gold to a “hold” rating in a research report on Thursday. Finally, National Bank Financial downgraded shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price 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.