i-80 Gold Corp. (TSE:IAU) Director Buys C$124,800.00 in Stock

i-80 Gold Corp. (TSE:IAU) Director Richard Scott Young bought 195,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was purchased at an average price of C$0.64 per share, with a total value of C$124,800.00.

i-80 Gold Trading Up 20.5 %

TSE:IAU opened at C$0.94 on Friday. The stock has a fifty day simple moving average of C$1.38 and a 200 day simple moving average of C$1.43. The firm has a market capitalization of C$361.84 million, a price-to-earnings ratio of -2.41 and a beta of 1.79. i-80 Gold Corp. has a 1-year low of C$0.47 and a 1-year high of C$2.48. The company has a quick ratio of 1.57, a current ratio of 0.54 and a debt-to-equity ratio of 38.47.

Analyst Ratings Changes

Several equities research analysts have commented on IAU shares. Cormark upgraded shares of i-80 Gold to a “hold” rating in a research report on Thursday, November 14th. Ventum Cap Mkts downgraded shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. Finally, National Bank Financial cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Three 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 company’s stock. According to data from MarketBeat, i-80 Gold presently has a consensus rating of “Moderate Buy” and an average 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.