Signature Estate & Investment Advisors LLC Makes New $955,000 Investment in i-80 Gold Corp. $IAUX

Signature Estate & Investment Advisors LLC bought a new stake in i-80 Gold Corp. (NYSE:IAUX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 999,875 shares of the company’s stock, valued at approximately $955,000. Signature Estate & Investment Advisors LLC owned 0.13% of i-80 Gold at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Equinox Partners Investment Management LLC bought a new position in i-80 Gold during the 2nd quarter valued at about $6,909,000. Monaco Asset Management SAM bought a new stake in i-80 Gold in the second quarter worth about $6,503,000. NewGen Equity Long Short Fund purchased a new position in shares of i-80 Gold during the second quarter valued at approximately $5,206,000. NewGen Asset Management Ltd bought a new position in shares of i-80 Gold during the second quarter valued at approximately $5,206,000. Finally, Forge First Asset Management Inc. bought a new position in shares of i-80 Gold during the second quarter valued at approximately $4,871,000. Institutional investors own 61.31% of the company’s stock.

i-80 Gold Price Performance

Shares of IAUX stock opened at $1.88 on Monday. i-80 Gold Corp. has a 52-week low of $0.48 and a 52-week high of $1.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.22 and a current ratio of 0.33. The firm has a market capitalization of $1.56 billion, a P/E ratio of -5.22 and a beta of 1.18. The stock has a 50 day moving average price of $1.55 and a 200 day moving average price of $1.11.

Insider Buying and Selling at i-80 Gold

In related news, Director John William Seaman bought 20,000 shares of the stock in a transaction dated Tuesday, December 9th. The stock was purchased at an average cost of $1.30 per share, with a total value of $26,000.00. Following the completion of the purchase, the director owned 346,942 shares of the company’s stock, valued at $451,024.60. This trade represents a 6.12% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders acquired 55,000 shares of company stock worth $62,150 in the last ninety days. 2.08% of the stock is currently owned by company insiders.

i-80 Gold Profile

i-80 Gold Corp. is a Canadian-focused gold exploration, development and production company with a strategic emphasis on precious metal assets in the state of Nevada, USA. The company pursues a district-scale approach, seeking to consolidate under-explored gold belts and advance resource-stage projects toward commercial production. Its core objective is to build a balanced portfolio of operating and development assets that generate cash flow while supporting ongoing exploration.

The company’s flagship asset is the 100%-owned Ruby Hill complex in Humboldt County, Nevada, which encompasses multiple gold and silver deposits at various stages of technical study and permitting.