Stifel Nicolaus Trims i-80 Gold (TSE:IAU) Target Price to C$4.10

i-80 Gold (TSE:IAU) had its price objective trimmed by Stifel Nicolaus from C$4.75 to C$4.10 in a research note published on Friday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

i-80 Gold Stock Performance

Shares of i-80 Gold stock remained flat at C$1.53 during mid-day trading on Friday. 1,743,154 shares of the company were exchanged, compared to its average volume of 908,969. The company has a market capitalization of C$588.90 million, a P/E ratio of -4.64 and a beta of 1.89. The company has a current ratio of 0.30, a quick ratio of 1.57 and a debt-to-equity ratio of 43.59. The company has a fifty day simple moving average of C$1.71 and a 200-day simple moving average of C$1.92. i-80 Gold has a 1-year low of C$1.49 and a 1-year high of C$3.12.

i-80 Gold (TSE:IAU) last announced its earnings results on Tuesday, March 12th. The company reported C($0.10) 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 return on equity of 17.16% and a negative net margin of 115.35%. On average, research analysts predict that i-80 Gold will post 0.0264607 EPS for the current fiscal year.

Insider Activity at i-80 Gold

In other news, Director John Seaman sold 28,000 shares of the company’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. In related news, Director John Seaman sold 28,000 shares of the stock in a transaction on 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 20,000 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of C$1.86, for a total value of C$37,200.00. In the last 90 days, insiders sold 73,000 shares of company stock valued at $136,866. 15.82% of the stock is owned by company insiders.

i-80 Gold Company Profile

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.