Critical Analysis: i-80 Gold (IAUX) versus Its Rivals

i-80 Gold (NYSE:IAUX) is one of 114 publicly-traded companies in the “Gold & silver ores” industry, but how does it contrast to its peers? We will compare i-80 Gold to related businesses based on the strength of its dividends, institutional ownership, valuation, profitability, risk, earnings and analyst recommendations.

Analyst Recommendations

This is a summary of current ratings and price targets for i-80 Gold and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
i-80 Gold	0	3	0	1	2.50
i-80 Gold Competitors	1161	3700	4525	131	2.38

i-80 Gold presently has a consensus price target of $3.50, indicating a potential upside of 551.16%. As a group, “Gold & silver ores” companies have a potential upside of 38.18%. Given i-80 Gold’s stronger consensus rating and higher possible upside, analysts clearly believe i-80 Gold is more favorable than its peers.

Profitability

This table compares i-80 Gold and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
i-80 Gold	-231.43%	-21.18%	-12.67%
i-80 Gold Competitors	-59.27%	4.68%	3.68%

Valuation & Earnings

This table compares i-80 Gold and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
i-80 Gold	$52.94 million	-$65.20 million	-1.49
i-80 Gold Competitors	$4.72 billion	-$71.11 million	-17.51

i-80 Gold’s peers have higher revenue, but lower earnings than i-80 Gold. i-80 Gold is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Insider & Institutional Ownership

61.3% of i-80 Gold shares are held by institutional investors. Comparatively, 34.9% of shares of all “Gold & silver ores” companies are held by institutional investors. 7.1% of shares of all “Gold & silver ores” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Risk & Volatility

i-80 Gold has a beta of 1.25, suggesting that its stock price is 25% more volatile than the S&P 500. Comparatively, i-80 Gold’s peers have a beta of 0.95, suggesting that their average stock price is 5% less volatile than the S&P 500.

Summary

i-80 Gold beats its peers on 7 of the 13 factors compared.

i-80 Gold Company Profile

i-80 Gold Corp. is a mining company, engages in the exploration, development and production of gold and silver mineral deposits principally in the United States. i-80 Gold Corp. is based in Reno, Nevada.