i-80 Gold (NYSE:IAUX) Director Buys $73,500.00 in Stock

i-80 Gold Corp. (NYSE:IAUX) Director Steven Yopps purchased 50,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of $1.47 per share, with a total value of $73,500.00. Following the completion of the purchase, the director owned 50,000 shares of the company’s stock, valued at $73,500. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

i-80 Gold Stock Down 1.4%

Shares of IAUX traded down $0.02 on Monday, hitting $1.46. 5,189,577 shares of the stock traded hands, compared to its average volume of 14,397,182. The company has a market capitalization of $1.26 billion, a PE ratio of -4.06 and a beta of 1.12. 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 business has a 50 day simple moving average of $1.57 and a 200 day simple moving average of $1.52. i-80 Gold Corp. has a one year low of $0.50 and a one year high of $2.24.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Paragon Associates & Paragon Associates II Joint Venture bought a new position in i-80 Gold during the 3rd quarter valued at about $1,440,000. Hohimer Wealth Management LLC purchased a new stake in shares of i-80 Gold in the 3rd quarter worth approximately $1,722,000. Castleview Partners LLC purchased a new stake in shares of i-80 Gold in the 4th quarter worth approximately $1,189,000. Signature Estate & Investment Advisors LLC purchased a new stake in shares of i-80 Gold in the 3rd quarter worth approximately $955,000. Finally, Baader Bank Aktiengesellschaft purchased a new stake in shares of i-80 Gold in the 3rd quarter worth approximately $248,000. Hedge funds and other institutional investors own 61.31% of the company’s stock.

About i-80 Gold

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.