i-80 Gold Corp. (NYSE:IAUX – Get Free Report) Director John William Seaman acquired 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was acquired at an average price of $1.03 per share, with a total value of $30,900.00. Following the acquisition, the director directly owned 326,942 shares of the company’s stock, valued at approximately $336,750.26. This represents a 10.10% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
i-80 Gold Stock Up 5.3%
i-80 Gold stock traded up $0.06 during mid-day trading on Wednesday, reaching $1.09. 3,261,774 shares of the company’s stock were exchanged, compared to its average volume of 5,897,500. The company has a quick ratio of 0.22, a current ratio of 0.33 and a debt-to-equity ratio of 0.19. i-80 Gold Corp. has a twelve month low of $0.48 and a twelve month high of $1.15. The company has a market cap of $868.05 million, a P/E ratio of -3.01 and a beta of 1.26. The company has a fifty day moving average of $0.98 and a 200-day moving average of $0.77.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Murphy Pohlad Asset Management LLC raised its stake in i-80 Gold by 6.4% in the third quarter. Murphy Pohlad Asset Management LLC now owns 198,800 shares of the company’s stock valued at $190,000 after buying an additional 12,000 shares in the last quarter. Sovereign Financial Group Inc. grew its position in i-80 Gold by 87.9% during the 3rd quarter. Sovereign Financial Group Inc. now owns 31,245 shares of the company’s stock worth $30,000 after purchasing an additional 14,618 shares during the last quarter. Clear Harbor Asset Management LLC grew its holdings in shares of i-80 Gold by 48.5% during the second quarter. Clear Harbor Asset Management LLC now owns 53,655 shares of the company’s stock worth $32,000 after buying an additional 17,533 shares during the last quarter. Kohmann Bosshard Financial Services LLC raised its stake in shares of i-80 Gold by 27.7% during the second quarter. Kohmann Bosshard Financial Services LLC now owns 83,000 shares of the company’s stock worth $50,000 after purchasing an additional 18,000 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of i-80 Gold by 5.7% in the 1st quarter. Rhumbline Advisers now owns 393,756 shares of the company’s stock worth $229,000 after acquiring an additional 21,182 shares during the period. 61.31% of the stock is owned by institutional investors and hedge funds.
i-80 Gold Company Profile
i-80 Gold Corp. is a mining company, engages in the exploration, development and production of gold and silver mineral deposits principally in the United States. i-80 Gold Corp. is based in Reno, Nevada.
Further Reading
- Five stocks we like better than i-80 Gold
- 10 Best Airline Stocks to Buy
- Microsoft Stock Faces An AI-Driven Physics Problem
- Overbought Stocks Explained: Should You Trade Them?
- Is It Time to Invest in Your Kid’s Favorite Gaming Platform?
- What is the FTSE 100 index?
- 5 Stocks to Buy Before Santa Claus Comes to Town
Receive News & Ratings for i-80 Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for i-80 Gold and related companies with MarketBeat.com's FREE daily email newsletter.
