i-80 Gold Corp. (IAUX) Reached A New High 1 time During The Past Five Days

As of Friday close, i-80 Gold Corp.’s (AMEX:IAUX) stock was down -$0.01, moving down -0.43 percent to $2.31. The average number of shares traded per day over the past five days has been 1,503,820 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.27 fall in that time frame. In the last twenty days, the average volume was 1,207,520, while in the previous 50 days, it was 1,270,104.

Since last month, IAUX stock retreated -12.83%. Shares of the company fell to $2.28 on 05/11/23, the lowest level in the past month. A 52-week high of $3.18 was reached on 01/04/23 after having rallying from a 52-week low of $1.52. Since the beginning of this year, IAUX’s stock price has dropped by -18.09% or -$0.51, and marked a new high 2 times. However, the stock has declined by -27.36% since its 52-week high.

Financial Health

Based on annual data, IAUX earned $8.1 million in gross profit and brought in $36.96 million in revenue.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. During the quarter, the company generated -$19.5 million in EBITDA. The liabilities of i-80 Gold Corp. were 304.0 million at the end of its most recent quarter.

Technical Picture

This quick technical analysis looks at i-80 Gold Corp.’s (IAUX) price momentum. With a historical volatility rate of 38.31%, the RSI 9-day stood at 29.64% on 12 May.

With respect to its five-day moving average, the current i-80 Gold Corp. price is down by -10.47% percent or -$0.27. At present, IAUX shares trade -10.81% below its 20-day simple moving average and -16.30% percent below its 100-day simple moving average. However, the stock is currently trading approximately +0.87% above its SMA50 and +26.92% above its SMA200.

Stochastic coefficient K was 12.12% and Stochastic coefficient D was 15.40%, while ATR was 0.12. Given the Stochastic reading of 7.69% for the 14-day period, the RSI (14) reading has been calculated as 37.23%. As of today, the MACD Oscillator reading stands at -0.14, while the 14-day reading stands at -0.15.

Analyst Ratings

i-80 Gold Corp. (IAUX) has been rated Buy by analysts. According to 0 brokerage firms, IAUX is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate i-80 Gold Corp. stock as buy, with 7 recommending it as overweight.

With a median target price of $4.11, the current consensus forecast for the stock is $3.36 – $5.17. Based on these forecasts, analysts predict i-80 Gold Corp. (IAUX) will achieve an average price target of $4.12.

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