Bank of America Corp DE Has $338,000 Stock Holdings in i-80 Gold Corp. (NYSE:IAUX)

Bank of America Corp DE boosted its position in i-80 Gold Corp. (NYSE:IAUX - Free Report) by 151.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 696,440 shares of the company's stock after purchasing an additional 419,025 shares during the period. Bank of America Corp DE owned about 0.16% of i-80 Gold worth $338,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Maia Wealth LLC bought a new stake in i-80 Gold in the fourth quarter valued at $34,000. Kohmann Bosshard Financial Services LLC increased its holdings in shares of i-80 Gold by 490.9% in the 4th quarter. Kohmann Bosshard Financial Services LLC now owns 65,000 shares of the company's stock worth $32,000 after buying an additional 54,000 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of i-80 Gold during the 4th quarter valued at $46,000. SG Americas Securities LLC lifted its position in shares of i-80 Gold by 23.7% in the 4th quarter. SG Americas Securities LLC now owns 129,070 shares of the company's stock worth $63,000 after purchasing an additional 24,740 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in i-80 Gold during the 4th quarter valued at about $68,000. 61.31% of the stock is currently owned by institutional investors and hedge funds.

i-80 Gold Trading Up 0.7%

Shares of IAUX opened at $0.67 on Friday. i-80 Gold Corp. has a 52-week low of $0.34 and a 52-week high of $1.26. The company has a quick ratio of 0.22, a current ratio of 0.33 and a debt-to-equity ratio of 0.19. The firm's fifty day moving average is $0.58 and its two-hundred day moving average is $0.60. The stock has a market cap of $525.20 million, a PE ratio of -1.85 and a beta of 1.10.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on IAUX. Royal Bank of Canada cut their target price on shares of i-80 Gold from $2.00 to $1.50 and set an "outperform" rating for the company in a research report on Monday, June 2nd. National Bankshares reissued an "outperform" rating on shares of i-80 Gold in a research note on Wednesday, April 2nd. Scotiabank dropped their target price on shares of i-80 Gold from $2.25 to $1.50 and set a "sector outperform" rating on the stock in a report on Monday, June 2nd. Finally, Cormark raised shares of i-80 Gold from a "hold" rating to a "moderate buy" rating in a research report on Friday, March 7th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, i-80 Gold currently has an average rating of "Moderate Buy" and an average price target of $2.17.

i-80 Gold Company Profile

i-80 Gold Corp. is a mining company, engages in the exploration, development and production of gold and silver mineral deposits principally in the United States. i-80 Gold Corp. is based in Reno, Nevada.

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