i-80 Gold (TSE:IAU) Sets New 52-Week High – What’s Next?

i-80 Gold Corp. (TSE:IAU)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$1.71 and last traded at C$1.69, with a volume of 413586 shares changing hands. The stock had previously closed at C$1.65.

i-80 Gold Stock Up 2.4%

The firm has a market capitalization of C$1.40 billion, a price-to-earnings ratio of -7.68 and a beta of 1.96. The company has a current ratio of 0.33, a quick ratio of 1.57 and a debt-to-equity ratio of 40.07. The firm has a fifty day moving average price of C$1.40 and a 200 day moving average price of C$1.10.

i-80 Gold (TSE:IAU) last released its quarterly earnings results on Wednesday, November 12th. The company reported C($0.04) earnings per share for the quarter. i-80 Gold had a negative net margin of 231.43% and a negative return on equity of 27.76%. The business had revenue of C$44.58 million for the quarter. Sell-side analysts anticipate that i-80 Gold Corp. will post 0.0264607 EPS for the current fiscal year.

i-80 Gold Company Profile

i-80 Gold Corp. is a Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of four new open pit and underground mining operations that will ultimately process ore at the Company’s central Lone Tree complex that includes an Autoclave. The Company’s primary goal is to build a self-sustaining, mid-tier, mining company with a peer-best growth platform by employing a methodical, capital disciplined and staged approach to minimize risk while also assessing and monitoring for accretive growth opportunities.