i-80 Gold Corp. (TSE:IAU) Receives C$2.55 Average PT from Analysts

i-80 Gold Corp. (TSE:IAU - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the five brokerages that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$2.55.

Separately, Cormark raised i-80 Gold from a "hold" rating to a "moderate buy" rating in a report on Friday, March 7th.

i-80 Gold Price Performance

Shares of IAU traded up C$0.07 during trading hours on Friday, hitting C$0.83. 1,791,278 shares of the company were exchanged, compared to its average volume of 684,210. The company has a market cap of C$221.83 million, a price-to-earnings ratio of -1.53 and a beta of 1.79. i-80 Gold has a fifty-two week low of C$0.47 and a fifty-two week high of C$1.71. The company has a quick ratio of 1.57, a current ratio of 0.33 and a debt-to-equity ratio of 40.07. The firm's fifty day moving average is C$0.79 and its 200 day moving average is C$0.85.

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.