i-80 Gold (TSE:IAU) Stock Price Down 12.4%

i-80 Gold Corp. (TSE:IAU - Get Free Report) shares were down 12.4% on Monday . The company traded as low as C$1.61 and last traded at C$1.62. Approximately 1,874,813 shares were traded during mid-day trading, an increase of 209% from the average daily volume of 607,027 shares. The stock had previously closed at C$1.85.

i-80 Gold Stock Down 11.9 %

The company has a debt-to-equity ratio of 42.29, a quick ratio of 1.57 and a current ratio of 0.65. The stock's 50 day moving average price is C$1.89 and its 200-day moving average price is C$2.02. The company has a market cap of C$510.50 million, a PE ratio of -4.94 and a beta of 1.88.

i-80 Gold (TSE:IAU - Get Free Report) last posted its quarterly earnings results on Tuesday, March 12th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.05) by C($0.05). The business had revenue of C$35.18 million for the quarter. i-80 Gold had a negative net margin of 118.73% and a negative return on equity of 17.16%. On average, analysts predict that i-80 Gold Corp. will post 0.0264607 earnings per share for the current year.

Insider Buying and Selling

In other news, Director John A. Begeman sold 25,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of C$1.75, for a total value of C$43,750.00. In related news, Director John Seaman sold 28,000 shares of the business's stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$2.00, for a total transaction of C$55,916.00. Also, Director John A. Begeman sold 25,000 shares of the company's stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of C$1.75, for a total value of C$43,750.00. Insiders have sold a total of 73,000 shares of company stock worth $136,866 in the last ninety days. 19.51% of the stock is owned by insiders.

About i-80 Gold

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.