i-80 Gold Corp (AMEX: IAUX) Stock Dropped -20.93% Over A Month – Any Room To Run?

i-80 Gold Corp (AMEX:IAUX)’s traded shares stood at 0.33 million during the latest session, with the company’s beta value hitting 1.02. At the last check today, the stock’s price was $0.53, to imply an increase of 4.45% or $0.02 in intraday trading. The IAUX share’s 52-week high remains $1.88, putting it -254.72% down since that peak but still an impressive 35.85% since price per share fell to its 52-week low of $0.34. The company has a valuation of $214.54M, with an average of 6.02 million shares in intraday trading volume over the past 10 days and average of 9.35 million shares over the past 3 months.

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

After registering a 4.45% upside in the latest session, i-80 Gold Corp (IAUX) has traded red over the past five days. The 5-day price performance for the stock is 6.49%, and -20.93% over 30 days. With these gigs, the year-to-date price performance is -69.89%. Short interest in i-80 Gold Corp (AMEX:IAUX) saw shorts transact 34.74 million shares and set a 2.06 days time to cover.

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i-80 Gold Corp (IAUX) estimates and forecasts

Looking at statistics comparing i-80 Gold Corp share performance against respective industry, we note that the company has outperformed competitors. i-80 Gold Corp (IAUX) shares are -49.04% down over the last 6 months, with its year-to-date growth rate higher than industry average at 50.00% against 18.30%. The rating firms project that company’s revenue will shrink -19.87% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 37.7M.

IAUX Dividends

i-80 Gold Corp has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

i-80 Gold Corp insiders hold 8.41% of total outstanding shares, with institutional holders owning 53.44% of the shares at 58.34% float percentage. In total, 53.44% institutions holds shares in the company, led by ORION RESOURCE PARTNERS LP. As of 2024-06-30, the company held over 25.92 million shares (or 8.4886% of shares), all amounting to roughly $27.99 million.

The next major institution holding the largest number of shares is MMCAP INTERNATIONAL INC. SPC with 18.97 million shares, or about 6.214% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $19.84 million.

We also have Amplify ETF Tr-Amplify Junior Silver Miners ETF and Sprott Gold Equity Fund as the top two Mutual Funds with the largest holdings of the i-80 Gold Corp (IAUX) shares. Going by data provided on Sep 30, 2024, Amplify ETF Tr-Amplify Junior Silver Miners ETF holds roughly 19.82 shares. This is just over 5.07% of the total shares, with a market valuation of $10.59 million. Data from the same date shows that the other fund manager holds a little less at 16.34, or 4.18% of the shares, all valued at about 8.73 million.