The trading price of i-80 Gold Corp (AMEX:IAUX) floating lower at last check on current market day and closing at $1.08, -2.27% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $1.07 and $1.095. In examining the 52-week price action we see that the stock hit a 52-week high of $1.88 and a 52-week low of $0.76. Over the past month, the stock has gained 11.47% in value.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
i-80 Gold Corp, whose market valuation is $413.81 million at the time of this writing, is expected to release its quarterly earnings report in November. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest IAUX has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned IAUX a recommendation rating is 2. Out of them, 0 rate it a Hold, while 2 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged i-80 Gold Corp (IAUX) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that IAUX’s price is currently -4.25% off the SMA20 and 3.24% off the SMA50. The RSI metric on the 14-day chart is currently showing 47.32, and weekly volatility stands at 4.45%. When measured over the past 30 days, the indicator reaches 6.43%. i-80 Gold Corp (AMEX:IAUX)’s beta value is currently sitting at 1.23, while the Average True Range indicator is currently displaying 0.06.
To see how i-80 Gold Corp stock has been performing today in comparison to its peers in the industry, here are the numbers: IAUX stock’s performance was -2.27% at last check in today’s session, and -31.09% in the past year.
An evaluation of the daily trading volume of i-80 Gold Corp (AMEX:IAUX) indicates that the 3-month average is 4.63 million. However, this figure has increased over the past 10 days to an average of 5.08.
Currently, records show that 384.94 million of the company’s shares remain outstanding. The insiders hold 7.51% of outstanding shares, whereas institutions hold 43.34%. The stats also highlight that short interest as of 2024-09-13, stood at 28.46 million shares, resulting in a short ratio of 7.25 at that time. It is noteworthy that short shares in September were up slightly from the previous month’s figure, which was 28.02 million. However, since the stock’s price has seen -38.92% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
