FY2027 EPS Estimates for i-80 Gold Reduced by Analyst

i-80 Gold Corp. (NYSE:IAUX) – Analysts at National Bank Financial reduced their FY2027 earnings estimates for i-80 Gold in a research note issued to investors on Thursday, May 29th. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $0.04 per share for the year, down from their previous estimate of $0.05. The consensus estimate for i-80 Gold’s current full-year earnings is ($0.20) per share.

Other analysts also recently issued research reports about the stock. Cormark raised shares of i-80 Gold from a “hold” rating to a “moderate buy” rating in a research note on Friday, March 7th. Royal Bank of Canada decreased their price target on shares of i-80 Gold from $2.00 to $1.50 and set an “outperform” rating for the company in a research note on Monday. Scotiabank decreased their price target on shares of i-80 Gold from $2.25 to $1.50 and set a “sector outperform” rating for the company in a research note on Monday. Finally, National Bankshares reissued an “outperform” rating on shares of i-80 Gold in a research note on Wednesday, April 2nd. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $2.17.

i-80 Gold Stock Performance

i-80 Gold stock opened at $0.55 on Monday. The company has a 50 day moving average price of $0.56 and a 200-day moving average price of $0.60. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.22 and a current ratio of 0.33. i-80 Gold has a fifty-two week low of $0.34 and a fifty-two week high of $1.26. The company has a market capitalization of $436.15 million, a PE ratio of -1.54 and a beta of 1.24.

Hedge Funds Weigh In On i-80 Gold

A number of large investors have recently bought and sold shares of IAUX. McAdam LLC grew its holdings in i-80 Gold by 388.5% in the fourth quarter. McAdam LLC now owns 64,747 shares of the company’s stock worth $31,000 after purchasing an additional 51,493 shares during the last quarter. Kohmann Bosshard Financial Services LLC grew its holdings in i-80 Gold by 490.9% in the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 65,000 shares of the company’s stock worth $32,000 after purchasing an additional 54,000 shares during the last quarter. Maia Wealth LLC purchased a new position in i-80 Gold in the fourth quarter worth $34,000. ProShare Advisors LLC grew its holdings in i-80 Gold by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 89,168 shares of the company’s stock worth $43,000 after purchasing an additional 29,339 shares during the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in i-80 Gold in the fourth quarter worth $46,000. Institutional investors own 61.31% of the company’s stock.

i-80 Gold Company Profile

i-80 Gold Corp. is a mining company, engages in the exploration, development and production of gold and silver mineral deposits principally in the United States. i-80 Gold Corp. is based in Reno, Nevada.