i-80 Gold (TSE:IAU) Releases Quarterly Earnings Results

i-80 Gold (TSE:IAU) released its earnings results on Tuesday. The company reported C($0.04) EPS for the quarter, FiscalAI reports. The firm had revenue of C$72.84 million during the quarter. i-80 Gold had a negative return on equity of 47.93% and a negative net margin of 195.86%.

i-80 Gold Stock Up 0.9%

TSE IAU traded up C$0.02 during trading hours on Tuesday, hitting C$2.20. The company had a trading volume of 943,630 shares, compared to its average volume of 1,836,151. The firm’s 50 day moving average is C$2.21 and its 200 day moving average is C$2.06. The company has a debt-to-equity ratio of 50.38, a current ratio of 0.73 and a quick ratio of 1.57. i-80 Gold has a fifty-two week low of C$0.67 and a fifty-two week high of C$3.04. The company has a market capitalization of C$1.89 billion, a price-to-earnings ratio of -7.33 and a beta of 2.39.

About i-80 Gold

i-80 Gold Corp. is a Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of four new open pit and underground mining operations that will ultimately process ore at the Company’s central Lone Tree complex that includes an Autoclave. The Company’s primary goal is to build a self-sustaining, mid-tier, mining company with a peer-best growth platform by employing a methodical, capital disciplined and staged approach to minimize risk while also assessing and monitoring for accretive growth opportunities.