i-80 Gold (TSE:IAU) Rating Increased to Hold at Cormark

i-80 Gold (TSE:IAU) was upgraded by stock analysts at Cormark to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Separately, National Bank Financial lowered i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 9th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, i-80 Gold has a consensus rating of “Moderate Buy” and an average price target of C$3.90.

i-80 Gold Stock Up 3.8 %

TSE:IAU opened at C$0.55 on Thursday. i-80 Gold has a 1 year low of C$0.47 and a 1 year high of C$2.48. The stock has a 50-day moving average price of C$1.46 and a two-hundred day moving average price of C$1.47. The stock has a market cap of C$211.72 million, a price-to-earnings ratio of -1.41 and a beta of 1.79. The company has a current ratio of 0.54, a quick ratio of 1.57 and a debt-to-equity ratio of 38.47.

i-80 Gold (TSE:IAU) last posted its earnings results on Monday, August 12th. The company reported C($0.10) earnings per share (EPS) for the quarter. The business had revenue of C$9.83 million for the quarter. i-80 Gold had a negative return on equity of 19.88% and a negative net margin of 162.25%. As a group, equities analysts expect that i-80 Gold will post 0.0264607 earnings per share for the current year.

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.