Are You Considering i-80 Gold Corp. (IAUX) As Part Of Your Portfolio?

The stock of i-80 Gold Corp. (AMEX:IAUX) increased by $0.02 on Tuesday to $2.26, up 1.00 percent. The last five days have seen an average of 873,450 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$0.55. The average number of shares traded over the last 20 days was 2,504,032, while the average volume over the last 50 days totaled 1,739,869.

IAUX stock appreciated 1.00% since last month. On 06/27/23, the company’s shares reached a one-month low of $2.02. The stock touched a high of $3.18 on 01/04/23, after rallying from a low of $1.53 in 52 weeks. The price of IAUX stock has declined by -19.78% or -$0.55 this year, reaching a new high 2 times. Still, the stock price is down -28.86% from the 52-week high.

Valuation Metrics

Beta for the stock is 1.25. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 15.88, the price-to-book (PB) ratio of 1.54.

Financial Health

Based on annual data, it had gross profit of $8.1 million and revenue of $36.96 million.

Earnings Surprise

A lower net income was reported in the quarter under review than the previous quarter. EBITDA was -$19.5 million for the quarter. At the end of i-80 Gold Corp.’s most recent quarter, its liabilities totaled 304.0 million, while its total debt was $154.04 million.

Technical Picture

Here’s a quick look at i-80 Gold Corp.’s (IAUX) price momentum from a technical perspective. As of 17 July, the RSI 9-day stood at 54.64%, suggesting the stock is Neutral, with a 40.75% historical volatility rate.

The stochastic %K and %D were 77.92% and 80.42% respectively, while the average true range (ATR) was 0.08. Based on the 14-day stochastic reading of 78.92%, the RSI (14) reading is 52.66%. On the 9-day MACD Oscillator, the stock is at 0.02, and the 14-day reading is at 0.03.

Analyst Ratings

Analysts have assigned i-80 Gold Corp. (IAUX) an Buy rating. IAUX is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 7 others recommend it as a buy.

What is IAUX’s price target for the next 12 months?

The current consensus forecast for the stock is between $3.42 and $5.27, with a median target price of $4.29. In analyzing these forecasts, the average price target given by analysts for i-80 Gold Corp. (IAUX) is $4.24.

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