i-80 Gold (TSE:IAU) Announces Quarterly Earnings Results

i-80 Gold (TSE:IAU) posted its quarterly earnings data on Thursday. The company reported C($0.07) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$29.22 million for the quarter. i-80 Gold had a negative return on equity of 27.76% and a negative net margin of 231.43%.

i-80 Gold Stock Performance

Shares of IAU stock traded up C$0.03 during trading on Thursday, hitting C$2.66. The company’s stock had a trading volume of 1,271,983 shares, compared to its average volume of 1,335,628. i-80 Gold has a 52 week low of C$0.67 and a 52 week high of C$3.04. The company has a market cap of C$2.20 billion, a PE ratio of -12.09 and a beta of 1.88. The business has a fifty day moving average of C$2.29 and a 200-day moving average of C$1.64. The company has a current ratio of 0.33, a quick ratio of 1.57 and a debt-to-equity ratio of 40.07.

About i-80 Gold

i-80 Gold Corp. is a Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of four new open pit and underground mining operations that will ultimately process ore at the Company’s central Lone Tree complex that includes an Autoclave. The Company’s primary goal is to build a self-sustaining, mid-tier, mining company with a peer-best growth platform by employing a methodical, capital disciplined and staged approach to minimize risk while also assessing and monitoring for accretive growth opportunities.