LPL Financial LLC Has $258,000 Stock Holdings in i-80 Gold Corp. (NYSE:IAUX)

LPL Financial LLC grew its holdings in i-80 Gold Corp. (NYSE:IAUX) by 106.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 531,440 shares of the company’s stock after buying an additional 274,500 shares during the quarter. LPL Financial LLC’s holdings in i-80 Gold were worth $258,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. SG Americas Securities LLC increased its stake in shares of i-80 Gold by 23.7% in the fourth quarter. SG Americas Securities LLC now owns 129,070 shares of the company’s stock valued at $63,000 after buying an additional 24,740 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of i-80 Gold by 27.1% in the third quarter. JPMorgan Chase & Co. now owns 146,953 shares of the company’s stock valued at $170,000 after buying an additional 31,315 shares in the last quarter. Rhumbline Advisers increased its stake in shares of i-80 Gold by 14.4% in the fourth quarter. Rhumbline Advisers now owns 372,574 shares of the company’s stock valued at $181,000 after buying an additional 46,951 shares in the last quarter. McAdam LLC increased its stake in shares of i-80 Gold by 388.5% in the fourth quarter. McAdam LLC now owns 64,747 shares of the company’s stock valued at $31,000 after buying an additional 51,493 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC increased its position in i-80 Gold by 490.9% in the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 65,000 shares of the company’s stock worth $32,000 after purchasing an additional 54,000 shares during the period. 61.31% of the stock is currently owned by institutional investors and hedge funds.

i-80 Gold Trading Up 2.3 %

Shares of IAUX opened at $0.65 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.22 and a current ratio of 0.33. i-80 Gold Corp. has a 1 year low of $0.34 and a 1 year high of $1.44. The company has a market capitalization of $286.90 million, a PE ratio of -1.80 and a beta of 1.26. The stock’s 50-day moving average is $0.65.

Wall Street Analyst Weigh In

A number of brokerages recently commented on IAUX. National Bankshares reiterated an “outperform” rating on shares of i-80 Gold in a research report on Wednesday, April 2nd. Cormark upgraded i-80 Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, March 7th. National Bank Financial upgraded i-80 Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. Finally, Stifel Canada lowered i-80 Gold from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, December 30th. Two analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, i-80 Gold currently has an average rating of “Moderate Buy” and an average price target of $3.50.

About i-80 Gold

i-80 Gold Corp. is a mining company, engages in the exploration, development and production of gold and silver mineral deposits principally in the United States. i-80 Gold Corp. is based in Reno, Nevada.