i-80 Gold Corp (IAUX) Is Becoming Less Appealing To Investors After A 0.78% Rise

i-80 Gold Corp (AMEX:IAUX) has a beta value of 1.09 and has seen 0.42 million shares traded in the recent trading session. The company, currently valued at $211.94M, closed the recent trade at $0.54 per share which meant it gained $0.01 on the day or 0.78% during that session. The IAUX stock price is -229.63% off its 52-week high price of $1.78 and 37.04% above the 52-week low of $0.34. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.05 million shares traded. The 3-month trading volume is 9.57 million shares.

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

Sporting 0.78% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the IAUX stock price touched $0.54 or saw a rise of 6.28%. Year-to-date, i-80 Gold Corp shares have moved 10.46%, while the 5-day performance has seen it change -5.41%. Over the past 30 days, the shares of i-80 Gold Corp (AMEX:IAUX) have changed 5.59%. Short interest in the company has seen 39.34 million shares shorted with days to cover at 6.14.

i-80 Gold Corp (IAUX) estimates and forecasts

Figures show that i-80 Gold Corp shares have outperformed across the wider relevant industry. The company’s shares have lost -49.93% over the past 6 months, with this year growth rate of 37.50%, compared to 18.70% for the industry. Revenue growth from the last financial year stood is estimated to be -19.87%.

1 analysts offering their estimates for the company have set an average revenue estimate of 37.7M for the current quarter.

IAUX Dividends

i-80 Gold Corp is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 12.60% of the company shares, while shares held by institutions stand at 52.90% with a share float percentage of 60.53%. Investors are also buoyed by the number of investors in a company, with i-80 Gold Corp having a total of 183.0 institutions that hold shares in the company. The top two institutional holders are ORION RESOURCE PARTNERS LP with over 25.92 million shares worth more than $27.99 million. As of 2024-06-30, ORION RESOURCE PARTNERS LP held 8.4886% of shares outstanding.

The other major institutional holder is MMCAP INTERNATIONAL INC. SPC, with the holding of over 18.97 million shares as of 2024-06-30. The firm’s total holdings are worth over $19.84 million and represent 6.214% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Amplify ETF Tr-Amplify Junior Silver Miners ETF and Sprott Gold Equity Fund. As of Sep 30, 2024, the former fund manager holds about 5.01% shares in the company for having 19.82 shares of worth $10.68 million while later fund manager owns 16.34 shares of worth $8.81 million as of Sep 30, 2024, which makes it owner of about 4.13% of company’s outstanding stock.