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Take A Look At Insider Trading For i-80 Gold Corp. (IAUX)

The stock of i-80 Gold Corp. (AMEX:IAUX) increased by $0.15 on Friday to finish at $2.55, up 6.25 percent. The last five days have seen an average of 696,760…

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This article was originally published by Fosters Leader

The stock of i-80 Gold Corp. (AMEX:IAUX) increased by $0.15 on Friday to finish at $2.55, up 6.25 percent. The last five days have seen an average of 696,760 shares of common stock traded. 10 times new highs were reached in the current year, with a gain of $0.10. The average number of shares traded over the last 20 days was 504,480, while the average volume over the last 50 days totaled 303,124.

IAUX stock appreciated 44.07% since last month. On 11/03/22, the company’s shares reached a one-month low of $1.59. The stock touched a high of $3.28 on 03/21/22, after rallying from a low of $1.52 in 52 weeks. The price of IAUX stock has risen by 3.98% or $0.10 this year, reaching a new high 10 times. Still, the stock price is down -22.26% from the 52-week high.

Valuation Metrics

i-80 Gold Corp. (IAUX) has a trailing price-to-earnings (P/E) ratio of 3.64. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 24.22, the price-to-book (PB) ratio of 1.55.

Earnings Surprise

A higher net income was reported in the quarter under review than the previous quarter. EBITDA was -$9.92 million for the quarter. At the end of i-80 Gold Corp.’s most recent quarter, its liabilities totaled 281.29 million, while its total debt was $113.78 million.

Technical Picture

Here’s a quick look at i-80 Gold Corp.’s (IAUX) price momentum from a technical perspective. As of 18 November, the RSI 9-day stood at 84.52%, suggesting the stock is Overbought, with a 41.04% historical volatility rate.

The stochastic %K and %D were 89.60% and 86.84% respectively, while the average true range (ATR) was 0.16. Based on the 14-day stochastic reading of 97.96%, the RSI (14) reading is 77.50%. On the 9-day MACD Oscillator, the stock is at 0.22, and the 14-day reading is at 0.40.

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 $2.97 and $4.58, with a median target price of $3.55. In analyzing these forecasts, the average price target given by analysts for i-80 Gold Corp. (IAUX) is $3.56.

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