Are Value Hunters Buying i-80 Gold Corp (AMEX: IAUX) Stock?

The trading price of i-80 Gold Corp (AMEX:IAUX) floating lower at last check on current market day and closing at $0.53, -0.09% lower than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $1.26 and a 52-week low of $0.34. Over the past month, the stock has lost -18.31% in value.

i-80 Gold Corp, whose market valuation is $234.36 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.

From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 110.55M.

On the technical side, indicators suggest IAUX has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% 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 -3.54% off the SMA20 and -10.07% off the SMA50. The RSI metric on the 14-day chart is currently showing 43.22, and weekly volatility stands at 2.50%. When measured over the past 30 days, the indicator reaches 4.05%. i-80 Gold Corp (AMEX:IAUX)’s beta value is currently sitting at 1.01, while the Average True Range indicator is currently displaying 0.03.

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 -0.09% at last check in today’s session, and -52.80% 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 5.97 million.

Currently, records show that 443.36 million of the company’s shares remain outstanding. The insiders hold 20.19% of outstanding shares, whereas institutions hold 27.58%. However, since the stock’s price has seen 8.99% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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