i-80 Gold (TSE:IAU) Stock Rating Upgraded by Cormark

i-80 Gold (TSE:IAU) was upgraded by stock analysts at Cormark to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Separately, National Bank Financial cut i-80 Gold from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$3.90.

i-80 Gold Trading Down 10.9 %

TSE:IAU opened at C$0.49 on Thursday. The company has a fifty day moving average of C$1.45 and a 200 day moving average of C$1.46. i-80 Gold has a 52 week low of C$0.47 and a 52 week high of C$2.48. The firm has a market capitalization of C$188.62 million, a P/E ratio of -1.41 and a beta of 1.79. The company has a quick ratio of 1.57, a current ratio of 0.54 and a debt-to-equity ratio of 38.47.

i-80 Gold Company Profile

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.