i-80 Gold Corp (AMEX:IAUX) traded at $0.53 at close of the session on Monday, January 27 and made a downward move of -4.23% on its previous day’s price.
Looking at the stock we see that its previous close was $0.56 and the beta (5Y monthly) reads 1.791 with the day’s price range being $0.5109 – $0.55. In terms of its 52-week price range, IAUX has a high of $1.78 and a low of $0.34. The company’s stock has gained about 4.13% over that past 30 days.
i-80 Gold Corp has a market cap of $210.30 million and is expected to release its quarterly earnings report in February.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 37.7M, with a low of 37.7M and a high of 37.7M. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 44M, or -19.87% down from figures reported last year.
On the other hand, looking at the outlook for the IAUX stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the i-80 Gold Corp (IAUX) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -4.54% off its SMA20 and -5.34% from its 50-day simple moving average. The RSI (14) is pointing at 42.58 while the volatility over the past week is 5.83% and jumps to 7.41% over the past one month. The beta value is 1.11, while the average true range (ATR) is currently pointing at 0.04.
Coming back to i-80 Gold Corp (AMEX:IAUX), we note that the average 3-month trading volume was 9.58 million, while that of the preceding 10-day period stands at 3.05 million. Current shares outstanding are 396.43 million.
The insiders hold 19.65% of the company’s shares while institutions hold 41.70%. The data shows that short shares as of 2024-12-31, stood at 39.34 million at a short ratio of 6.14. Shares short rose in December from the previous month at 34.74 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 9.61% up in year-to-date price movement.
