i-80 Gold Corp. (AMEX:IAUX) saw an upside of 3.78% to $1.92 after adding $0.07on Wednesday. The 5-day average trading volume is 1,059,155 shares of the company’s common stock. It has gained $1.9400 in the past week and touched a new high 2 times within the past 5 days. An average of 1,495,494 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,896,573.
IAUX’s 1-month performance is -6.80% or -$0.1700 on its low of $1.8100 reached on 08/18/23. The company’s shares have touched a 52-week low of $1.53 and high of $3.18, with the stock’s rally to the 52-week high happening on 01/04/23. YTD, IAUX has lost -31.91% or -$0.9000 and has reached a new high 2 times. However, the current price is down -39.62% from the 52-week high price.
Valuation Metrics
IAUX stock has a beta of 1.23. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 12.07 while the price-to-book (PB) in the most recent quarter is 1.25.
The firm’s gross profit as reported stood at $8.1 million against revenue of $36.96 million.
Earnings Surprise
Net income and sales went up compared to those figures reported in the previous quarter. EBITDA for the quarter stood at more than -$19.64 million. IAUX stock balance sheet for the recent quarter shows that total liabilities totaled 302.53 million, with total debt at $155.16 million.
Let’s look briefly at i-80 Gold Corp. (IAUX) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 44.08% to suggest the stock is trending Neutral, with historical volatility in this time period at 42.10%.
The stock’s 5-day moving average is $1.8660, reflecting a +2.67% or $0.0500 change from its current price. IAUX is currently trading -6.80% above its 20-day SMA, -22.58% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -16.16% and SMA200 by+17.79%.
Stochastic %K and %D was 26.04% and 17.85% and the average true range (ATR) pointed at 0.0809. The RSI (14) points at 41.47%, while the 14-day stochastic is at 42.31% with the period’s ATR at 0.0818. The stock’s 9-day MACD Oscillator is pointing at -0.0322 and -0.0681 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for IAUX stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate IAUX as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 7 have offered a “buy” rating.
What is IAUX’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $3.32 and a high of $5.24, with their median price target at $3.87. Looking at these predictions, the average price target given by analysts is for i-80 Gold Corp. (IAUX) stock is $4.05.
