i-80 Gold Corp. (TSE:IAU) Director John Seaman Buys 25,000 Shares

i-80 Gold Corp. (TSE:IAU) Director John Seaman purchased 25,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were acquired at an average cost of C$0.50 per share, with a total value of C$12,500.00.

i-80 Gold Stock Down 10.9 %

Shares of i-80 Gold stock opened at C$0.49 on Friday. The stock’s 50-day moving average is C$1.43 and its 200 day moving average is C$1.45. i-80 Gold Corp. has a one year low of C$0.47 and a one year high of C$2.48. The firm has a market cap of C$188.62 million, a price-to-earnings ratio of -1.26 and a beta of 1.79. The company has a debt-to-equity ratio of 38.47, a current ratio of 0.54 and a quick ratio of 1.57.

Analysts Set New Price Targets

A number of research firms recently weighed in on IAU. Ventum Cap Mkts downgraded i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Cormark upgraded i-80 Gold to a “hold” rating in a research report on Thursday. Finally, National Bank Financial lowered i-80 Gold from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, i-80 Gold currently has a consensus rating of “Moderate Buy” and a consensus target price of C$3.90.

About i-80 Gold

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.