i-80 Gold (NYSE:IAUX) Rating Lowered to “Hold” at Ventum Cap Mkts

Ventum Cap Mkts lowered shares of i-80 Gold (NYSE:IAUX) from a strong-buy rating to a hold rating in a report published on Wednesday,Zacks.com reports.

Other analysts have also issued research reports about the stock. Cormark raised shares of i-80 Gold to a “hold” rating in a research report on Thursday. National Bank Financial lowered shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 9th.

i-80 Gold Stock Performance

Shares of IAUX stock opened at $0.35 on Wednesday. i-80 Gold has a 52 week low of $0.34 and a 52 week high of $1.88.

Hedge Funds Weigh In On i-80 Gold

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC grew its stake in i-80 Gold by 22.9% in the 3rd quarter. Geode Capital Management LLC now owns 3,773,197 shares of the company’s stock worth $4,377,000 after buying an additional 702,326 shares in the last quarter. Barclays PLC boosted its stake in shares of i-80 Gold by 117.0% in the 3rd quarter. Barclays PLC now owns 604,069 shares of the company’s stock valued at $701,000 after purchasing an additional 325,664 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of i-80 Gold in the 3rd quarter valued at $198,000. State Street Corp boosted its stake in shares of i-80 Gold by 16.3% in the 3rd quarter. State Street Corp now owns 4,260,438 shares of the company’s stock valued at $4,942,000 after purchasing an additional 596,190 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of i-80 Gold by 63.3% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 116,374 shares of the company’s stock valued at $135,000 after purchasing an additional 45,101 shares in the last quarter.

i-80 Gold Corp. is a mining company in the Precious Metals industry.