i-80 Gold Corp. (AMEX:IAUX) finished Thursday with a subtraction of -$0.01 to close at $1.99, a downside of -0.51 percent. An average of 899,530 shares of common stock have been traded in the last five days. There was a fall of -$0.01 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 1,541,272 shares traded, while the 50-day average volume stands at 1,811,567.
IAUX stock has decreased by -12.34% in the last month. The company shares reached their 1-month lowest point of $1.96 on 07/27/23. With the stock rallying to its 52-week high on 01/04/23, shares of the company touched a low of $1.53 and a high of $3.18 in 52 weeks. It has reached a new high 2 times so far this year and lost -29.44% or -$0.83 in price. In spite of this, the price is down -37.42% from the 52-week high.
Valuation Metrics
i-80 Gold Corp. (IAUX) stock’s beta is 1.20. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 12.51, the price-to-book (PB) ratio at 1.30.
Financial Health
Its gross profit as reported stood at $8.1 million compared to revenue of $36.96 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at i-80 Gold Corp. (IAUX) price momentum. RSI 9-day as of the close on 10 August was 33.94%, suggesting the stock is Neutral, with historical volatility in this time frame at 13.87%.
As of today, IAUX’s price is $2.01 -0.75% or -$0.01 from its 5-day moving average. IAUX is currently trading -12.94% lower than its 20-day SMA and -10.99% lower than its 100-day SMA. However, the stock’s current price level is -8.10% below the SMA50 and +10.28% above the SMA200.
The stochastic %K and %D were 21.62% and 27.96%, respectively, and the average true range (ATR) was 0.07. With the 14-day stochastic at 12.97% and the average true range at 0.08, the RSI (14) stands at 37.15%. The stock has reached -0.01 on the 9-day MACD Oscillator while the 14-day reading was at -0.02.
Analyst Ratings
The consensus rating for i-80 Gold Corp. (IAUX) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell IAUX, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 7 others rate it as a “buy”.
What is IAUX’s price target for the next 12 months?
Analysts predict a range of price targets between $3.36 and $5.24, with a median target of $3.87. Taking a look at these predictions, the average price target given by analysts for i-80 Gold Corp. (IAUX) stock is $4.06.
