Scotiabank Issues Optimistic Estimate for i-80 Gold Earnings

i-80 Gold Corp. (TSE:IAU - Free Report) - Research analysts at Scotiabank raised their FY2026 earnings per share estimates for i-80 Gold in a note issued to investors on Monday, June 9th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $0.04 for the year, up from their prior estimate of $0.01. The consensus estimate for i-80 Gold's current full-year earnings is $0.03 per share.

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

i-80 Gold Stock Down 1.1%

Shares of TSE:IAU traded down C$0.01 during mid-day trading on Thursday, reaching C$0.90. 236,040 shares of the stock were exchanged, compared to its average volume of 678,373. 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 company has a market cap of C$240.54 million, a P/E ratio of -1.66 and a beta of 1.79. i-80 Gold has a one year low of C$0.47 and a one year high of C$1.71. The stock's 50 day simple moving average is C$0.79 and its 200-day simple moving average is C$0.85.

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.