Could i-80 Gold Corp’s (AMEX: IAUX) Earnings Exceed Your Expectations?

In the last trading session, 6.22 million shares of the i-80 Gold Corp (AMEX:IAUX) were traded, and its beta was 1.10. Most recently the company’s share price was $0.61, and it changed around $0.04 or 7.25% from the last close, which brings the market valuation of the company to $242.86M. IAUX currently trades at a discount to its 52-week high of $1.64, offering almost -168.85% off that amount. The share price’s 52-week low was $0.34, which indicates that the current value has risen by an impressive 44.26% since then. We note from i-80 Gold Corp’s average daily trading volume that its 10-day average is 3.17 million shares, with the 3-month average coming to 9.41 million.

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

Instantly IAUX has showed a green trend with a performance of 7.25% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.6297 on recent trading dayincreased the stock’s daily price by 3.13%. The company’s shares are currently up 26.58% year-to-date, but still up 9.04% over the last five days. On the other hand, i-80 Gold Corp (AMEX:IAUX) is 11.23% up in the 30-day period. We can see from the shorts that 41.76 million shares have been sold at a short interest cover period of 6.81 day(s).

i-80 Gold Corp (IAUX) estimates and forecasts

The year-over-year growth rate is expected to be -19.87%, down from the previous year.

IAUX Dividends

i-80 Gold Corp’s next quarterly earnings report is expected to be released in March.

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

Upon looking at major shareholders, it appears that insiders hold 11.42% of i-80 Gold Corp shares, and 45.22% of them are in the hands of institutional investors. The stock currently has a share float of 51.05%. i-80 Gold Corp stock is held by 177.0 institutions, with ORION RESOURCE PARTNERS LP being the largest institutional investor. By 2024-06-30, it held 8.4886% of the shares, which is about 25.92 million shares worth $27.99 million.

MMCAP INTERNATIONAL INC. SPC, with 6.214% or 18.97 million shares worth $19.84 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Amplify ETF Tr-Amplify Junior Silver Miners ETF and Sprott Gold Equity Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 19.82 shares worth $12.17 million, making up 4.53% of all outstanding shares. On the other hand, Sprott Gold Equity Fund held roughly 16.34 shares worth around $10.03 million, which represents about 3.73% of the total shares outstanding.