In the latest trading session, 0.56 million i-80 Gold Corp (AMEX:IAUX) shares changed hands as the company’s beta touched 1.04. With the company’s most recent per share price at $0.59 changing hands around $0.02 or 2.99% at last look, the market valuation stands at $238.06M. IAUX’s current price is a discount, trading about -201.69% off its 52-week high of $1.78. The share price had its 52-week low at $0.34, which suggests the last value was 42.37% up since then. When we look at i-80 Gold Corp’s average trading volume, we note the 10-day average is 5.91 million shares, with the 3-month average coming to 9.71 million.
Analysts gave the i-80 Gold Corp (IAUX) stock a consensus recommendation rating of Buy. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended IAUX as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. i-80 Gold Corp’s EPS for the current quarter is expected to be 0.
i-80 Gold Corp (AMEX:IAUX) trade information
Instantly IAUX is in green as seen in intraday trades today. With action 5.74%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 21.26%, with the 5-day performance at 5.74% in the green. However, in the 30-day time frame, i-80 Gold Corp (AMEX:IAUX) is 1.69% up. Looking at the short shares, we see there were 39.34 million shares sold at short interest cover period of 6.14 days.
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 -49.30% over the past 6 months, a 28.13% in annual growth rate that is considerably higher than the industry average of 18.80%. Year-over-year growth is forecast to reach -19.57% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 37.7M.
IAUX Dividends
i-80 Gold Corp is expected to release its next quarterly earnings report in February.
i-80 Gold Corp (AMEX:IAUX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 12.60% of i-80 Gold Corp shares while 53.11% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 60.77%. There are 53.11% institutions holding the i-80 Gold Corp stock share, with ORION RESOURCE PARTNERS LP the top institutional holder. As of 2024-06-30, the company held 8.4886% of the shares, roughly 25.92 million IAUX shares worth $27.99 million.
MMCAP INTERNATIONAL INC. SPC holds the second largest percentage of outstanding shares, with 6.214% or 18.97 million shares worth $19.84 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Amplify ETF Tr-Amplify Junior Silver Miners ETF and Sprott Gold Equity Fund. With 19.82 shares estimated at $11.71 million under it, the former controlled 5.01% of total outstanding shares. On the other hand, Sprott Gold Equity Fund held about 4.13% of the shares, roughly 16.34 shares worth around $9.66 million.