i-80 Gold Corp (AMEX: IAUX) – Analyst View Looks Different Today

In the latest trading session, 0.42 million i-80 Gold Corp (AMEX:IAUX) shares changed hands as the company’s beta touched 1.31. With the company’s most recent per share price at $1.36 changing hands around $0.01 or 0.74% at last look, the market valuation stands at $405.96M. IAUX’s current price is a discount, trading about -99.26% off its 52-week high of $2.71. The share price had its 52-week low at $1.25, which suggests the last value was 8.09% up since then. When we look at i-80 Gold Corp’s average trading volume, we note the 10-day average is 3.43 million shares, with the 3-month average coming to 0.94.

i-80 Gold Corp (AMEX:IAUX) trade information

Instantly IAUX is in green as seen in intraday trades today. With action -9.33%, the performance over the past five days has been red. The jump to weekly highs of 1.5400 added 0.74% to the stock’s daily price. The company’s shares are showing year-to-date downside of -22.73%, with the 5-day performance at -9.33% in the red. However, in the 30-day time frame, i-80 Gold Corp (AMEX:IAUX) is -6.21% down. Looking at the short shares, we see there were 15.97 million shares sold at short interest cover period of 7.13 days.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.

i-80 Gold Corp (IAUX) estimates and forecasts

Data shows that the i-80 Gold Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -33.33% over the past 6 months, a 46.15% in annual growth rate that is considerably higher than the industry average of 7.30%.

i-80 Gold Corp (AMEX:IAUX)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 19.56% of i-80 Gold Corp shares while 51.28% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 63.75%. There are 51.28% institutions holding the i-80 Gold Corp stock share, with Sprott Inc. the top institutional holder. As of Jun 29, 2023, the company held 7.79% of the shares, roughly 22.7 million IAUX shares worth $51.08 million.

Orion Resource Partners (USA) LP holds the second largest percentage of outstanding shares, with 6.96% or 20.3 million shares worth $45.67 million as of Jun 29, 2023.

Among Mutual Funds, the top two as of Jun 29, 2023 were Sprott Gold Equity Fund and Fidelity Select Portfolios – Gold. With 15.92 million shares estimated at $35.81 million under it, the former controlled 5.46% of total outstanding shares. On the other hand, Fidelity Select Portfolios – Gold held about 4.27% of the shares, roughly 12.46 million shares worth around $24.67 million.

On Key

Related Posts