i-80 Gold Corp. (NYSE:IAUX) Receives $3.50 Consensus Target Price from Analysts

i-80 Gold Corp. (NYSE:IAUX - Get Free Report) has been assigned an average rating of "Moderate Buy" from the four analysts that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $3.50.

IAUX has been the topic of a number of recent research reports. National Bankshares reaffirmed an "outperform" rating on shares of i-80 Gold in a research report on Wednesday, April 2nd. Cormark raised shares of i-80 Gold from a "hold" rating to a "moderate buy" rating in a research report on Friday, March 7th.

Institutional Investors Weigh In On i-80 Gold

Several hedge funds and other institutional investors have recently made changes to their positions in IAUX. Geode Capital Management LLC boosted its position in i-80 Gold by 22.9% during the 3rd quarter. Geode Capital Management LLC now owns 3,773,197 shares of the company's stock worth $4,377,000 after buying an additional 702,326 shares during the period. Barclays PLC boosted its position in i-80 Gold by 117.0% during the 3rd quarter. Barclays PLC now owns 604,069 shares of the company's stock worth $701,000 after buying an additional 325,664 shares during the period. JPMorgan Chase & Co. boosted its position in i-80 Gold by 27.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 146,953 shares of the company's stock worth $170,000 after buying an additional 31,315 shares during the period. SG Americas Securities LLC boosted its position in i-80 Gold by 23.7% during the 4th quarter. SG Americas Securities LLC now owns 129,070 shares of the company's stock worth $63,000 after buying an additional 24,740 shares during the period. Finally, Murphy Pohlad Asset Management LLC lifted its position in shares of i-80 Gold by 207.5% in the 4th quarter. Murphy Pohlad Asset Management LLC now owns 156,800 shares of the company's stock worth $76,000 after purchasing an additional 105,800 shares during the period. 61.31% of the stock is owned by institutional investors.

i-80 Gold Stock Performance

NYSE:IAUX traded down $0.06 during mid-day trading on Tuesday, reaching $0.54. 50,659,702 shares of the company's stock were exchanged, compared to its average volume of 5,921,543. i-80 Gold has a one year low of $0.34 and a one year high of $1.44. The stock has a market capitalization of $239.46 million, a price-to-earnings ratio of -1.50 and a beta of 1.24. The business's fifty day moving average is $0.62. The company has a quick ratio of 0.22, a current ratio of 0.33 and a debt-to-equity ratio of 0.19.

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.