i-80 Gold Corp (AMEX: IAUX): A Competitive Analysis And Growth Prospects

In today’s recent session, 0.65 million shares of the i-80 Gold Corp (AMEX:IAUX) have been traded, and its beta is 1.04. Most recently the company’s share price was $0.67, and it changed around $0.0 or -1.38% from the last close, which brings the market valuation of the company to $263.31M. IAUX at last check was trading at a discount to its 52-week high of $1.51, offering almost -125.37% off that amount. The share price’s 52-week low was $0.34, which indicates that the recent value has risen by an impressive 49.25% since then. We note from i-80 Gold Corp’s average daily trading volume that its 10-day average is 3.73 million shares, with the 3-month average coming to 4.15 million.

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

Instantly IAUX has been showing red trend so far today with a performance of -1.38% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.7890 on recent trading dayincreased the stock’s daily price by 15.08%. The company’s shares are currently up 37.24% year-to-date, but still down -11.32% over the last five days. On the other hand, i-80 Gold Corp (AMEX:IAUX) is -19.46% down in the 30-day period. We can see from the shorts that 40.03 million shares have been sold at a short interest cover period of 11.07 day(s).

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

Upon looking at major shareholders, it appears that insiders hold 11.28% of i-80 Gold Corp shares, and 39.49% of them are in the hands of institutional investors. The stock currently has a share float of 44.51%. i-80 Gold Corp stock is held by 179.0 institutions, with ORION RESOURCE PARTNERS LP being the largest institutional investor. By 2024-06-30, it held 7.1765% of the shares, which is about 25.92 million shares worth $27.99 million.

MMCAP INTERNATIONAL INC. SPC, with 5.2535% or 18.97 million shares worth $19.84 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VanEck Junior Gold Miners ETF and EuroPac Gold Fund were the top two Mutual Funds as of Feb 28, 2025. The former held 12.62 shares worth $8.39 million, making up 2.85% of all outstanding shares. On the other hand, EuroPac Gold Fund held roughly 8.49 shares worth around $5.65 million, which represents about 1.92% of the total shares outstanding.