Richard Scott Young Purchases 195,000 Shares of i-80 Gold Corp. (TSE:IAU) Stock

i-80 Gold Corp. (TSE:IAU) Director Richard Scott Young bought 195,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The shares were acquired at an average cost of C$0.64 per share, with a total value of C$124,800.00.

i-80 Gold Trading Up 1.3 %

Shares of i-80 Gold stock opened at C$0.78 on Thursday. The company has a debt-to-equity ratio of 38.47, a quick ratio of 1.57 and a current ratio of 0.54. i-80 Gold Corp. has a 52 week low of C$0.47 and a 52 week high of C$2.48. The stock has a 50 day moving average price of C$1.39 and a two-hundred day moving average price of C$1.43. The stock has a market capitalization of C$300.25 million, a PE ratio of -2.00 and a beta of 1.79.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on IAU shares. Cormark upgraded i-80 Gold to a “hold” rating in a report on Thursday, November 14th. Ventum Cap Mkts cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. Finally, National Bank Financial lowered shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$3.90.

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.