i-80 Gold Corp. (TSE:IAU) Senior Officer Purchases C$10,200.00 in Stock

i-80 Gold Corp. (TSE:IAU - Get Free Report) Senior Officer David Roger Savarie acquired 12,000 shares of the company's stock in a transaction that occurred on Wednesday, June 11th. The shares were bought at an average price of C$0.85 per share, with a total value of C$10,200.00.

i-80 Gold Stock Performance

IAU traded up C$0.01 during trading on Friday, reaching C$0.91. 251,546 shares of the company were exchanged, compared to its average volume of 674,629. The stock has a market cap of C$243.22 million, a P/E ratio of -1.68 and a beta of 1.79. The firm has a 50 day moving average of C$0.80 and a 200 day moving average of C$0.85. The company has a current ratio of 0.33, a quick ratio of 1.57 and a debt-to-equity ratio of 40.07. i-80 Gold Corp. has a 52 week low of C$0.47 and a 52 week high of C$1.71.

Analyst Ratings Changes

Separately, Cormark upgraded i-80 Gold from a "hold" rating to a "moderate buy" rating in a report on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$2.55.

i-80 Gold Company Profile

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.