The stock of i-80 Gold Corp. (AMEX:IAUX) decreased by -$0.06 on Wednesday to $1.90, down -2.81 percent. The last five days have seen an average of 1,064,684 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$0.9050. The average number of shares traded over the last 20 days was 1,451,941, while the average volume over the last 50 days totaled 1,823,528.
IAUX stock dropped -16.45% since last month. On 08/16/23, the company’s shares reached a one-month low of $1.9046. The stock touched a high of $3.18 on 01/04/23, after rallying from a low of $1.53 in 52 weeks. The price of IAUX stock has declined by -32.45% or -$0.9050 this year, reaching a new high 2 times. Still, the stock price is down -40.09% from the 52-week high.
Valuation Metrics
Beta for the stock is 1.21. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 11.98, the price-to-book (PB) ratio of 1.25.
Financial Health
Based on annual data, it had gross profit of $8.1 million and revenue of $36.96 million.
Earnings Surprise
A higher net income was reported in the quarter under review than the previous quarter. EBITDA was -$19.64 million for the quarter. At the end of i-80 Gold Corp.’s most recent quarter, its liabilities totaled 302.53 million, while its total debt was $155.16 million.
Technical Picture
Here’s a quick look at i-80 Gold Corp.’s (IAUX) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 27.95%, suggesting the stock is oversold, with a 27.10% historical volatility rate.
The stochastic %K and %D were 16.83% and 26.92% respectively, while the average true range (ATR) was 0.0787. Based on the 14-day stochastic reading of 4.04%, the RSI (14) reading is 32.91%. On the 9-day MACD Oscillator, the stock is at -0.0322, and the 14-day reading is at -0.0415.
Analyst Ratings
Analysts have assigned i-80 Gold Corp. (IAUX) an Buy rating. IAUX is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 7 others recommend it as a buy.
What is IAUX’s price target for the next 12 months?
The current consensus forecast for the stock is between $3.35 and $5.24, with a median target price of $3.87. In analyzing these forecasts, the average price target given by analysts for i-80 Gold Corp. (IAUX) is $4.06.
