Insider Buying: i-80 Gold (NYSE:IAUX) Director Buys 20,000 Shares of Stock

i-80 Gold Corp. (NYSE:IAUX) Director John William Seaman bought 20,000 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was acquired at an average price of $1.30 per share, for a total transaction of $26,000.00. Following the transaction, the director owned 346,942 shares of the company’s stock, valued at approximately $451,024.60. The trade was a 6.12% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

John William Seaman also recently made the following trade(s):

• On Tuesday, November 25th, John William Seaman purchased 30,000 shares of i-80 Gold stock. The stock was purchased at an average price of $1.03 per share, with a total value of $30,900.00.

i-80 Gold Trading Up 4.1%

Shares of NYSE:IAUX traded up $0.06 during midday trading on Friday, hitting $1.44. 6,480,352 shares of the stock were exchanged, compared to its average volume of 5,864,611. i-80 Gold Corp. has a 12 month low of $0.48 and a 12 month high of $1.46. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.22 and a current ratio of 0.33. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of -4.01 and a beta of 1.22. The business’s 50-day moving average price is $1.05 and its 200 day moving average price is $0.82.

Institutional Trading of i-80 Gold

Large investors have recently modified their holdings of the stock. Maia Wealth LLC bought a new stake in i-80 Gold in the 2nd quarter valued at about $25,000. Banco BTG Pactual S.A. purchased a new stake in i-80 Gold in the 2nd quarter valued at $25,000. Heck Capital Advisors LLC bought a new position in shares of i-80 Gold during the 3rd quarter worth approximately $28,000. Sovereign Financial Group Inc. increased its position in shares of i-80 Gold by 87.9% during the 3rd quarter. Sovereign Financial Group Inc. now owns 31,245 shares of the company’s stock valued at $30,000 after purchasing an additional 14,618 shares during the last quarter. Finally, Clear Harbor Asset Management LLC lifted its stake in i-80 Gold by 48.5% in the second quarter. Clear Harbor Asset Management LLC now owns 53,655 shares of the company’s stock valued at $32,000 after purchasing an additional 17,533 shares during the last quarter. Institutional investors and hedge funds own 61.31% of the company’s stock.

About i-80 Gold

i-80 Gold Corp. is a mining company, engages in the exploration, development and production of gold and silver mineral deposits principally in the United States. i-80 Gold Corp. is based in Reno, Nevada.