i-80 Gold (TSE:IAU) Stock Price Up 2.2% - Time to Buy?

Key Points

• Shares rose 2.2% intraday to C$2.36 (high C$2.44) on ~1.98M shares traded, sitting near its 50‑day SMA of C$2.37 versus the 200‑day SMA of C$1.94, with a market cap of C$2.01B and a beta of 2.35.
• Fundamentals show recent weakness — i-80 reported a loss of C($0.07) EPS on C$27.75M revenue with a negative net margin of 195.86%, negative ROE (-47.93%), high debt‑to‑equity (50.38) and mixed liquidity (current ratio 0.73, quick ratio 1.57), though sell‑side analysts forecast about C$0.03 EPS for the fiscal year.

i-80 Gold Corp. (TSE:IAU - Get Free Report)'s stock price rose 2.2% during mid-day trading on Wednesday . The company traded as high as C$2.44 and last traded at C$2.36. Approximately 1,979,998 shares changed hands during trading, a decline of 3% from the average daily volume of 2,036,644 shares. The stock had previously closed at C$2.31.

i-80 Gold Stock Up 2.2%

The stock has a 50 day simple moving average of C$2.37 and a 200-day simple moving average of C$1.94. The firm has a market cap of C$2.01 billion, a PE ratio of -7.87 and a beta of 2.35. The company has a debt-to-equity ratio of 50.38, a current ratio of 0.73 and a quick ratio of 1.57.

i-80 Gold (TSE:IAU - Get Free Report) last announced its quarterly earnings data on Friday, February 20th. The company reported C($0.07) earnings per share (EPS) for the quarter. The company had revenue of C$27.75 million for the quarter. i-80 Gold had a negative net margin of 195.86% and a negative return on equity of 47.93%. Sell-side analysts predict that i-80 Gold Corp. will post 0.0264607 EPS for the current fiscal year.

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.

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