i-80 Gold (TSE:IAU) Reaches New 12-Month Low at $1.56

i-80 Gold Corp. (TSE:IAU)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$1.56 and last traded at C$1.56, with a volume of 1988743 shares changing hands. The stock had previously closed at C$1.64.

i-80 Gold Stock Performance

The stock has a 50 day simple moving average of C$1.81 and a 200 day simple moving average of C$1.95. The company has a quick ratio of 1.57, a current ratio of 0.65 and a debt-to-equity ratio of 42.29. The company has a market cap of C$596.60 million, a price-to-earnings ratio of -4.73 and a beta of 1.87.

i-80 Gold (TSE:IAU) last released its quarterly earnings results on Tuesday, March 12th. The company reported C($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.05) by C($0.05). The company had revenue of C$35.18 million during the quarter. i-80 Gold had a negative return on equity of 17.16% and a negative net margin of 118.73%. As a group, analysts predict that i-80 Gold Corp. will post 0.0264607 EPS for the current year.

Insider Buying and Selling

In related news, Director John Seaman sold 28,000 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$2.00, for a total value of C$55,916.00. In other news, Director John A. Begeman sold 20,000 shares of the stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of C$1.86, for a total transaction of C$37,200.00. Also, Director John Seaman sold 28,000 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$2.00, for a total value of C$55,916.00. Insiders have sold 73,000 shares of company stock valued at $136,866 in the last quarter. Company insiders own 19.41% of the company’s stock.

i-80 Gold Company Profile

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.