i-80 Gold Corp. Expected to Earn FY2024 Earnings of $0.25 Per Share (TSE:IAU)

i-80 Gold Corp. (TSE:IAU) – Equities researchers at National Bank Financial issued their FY2024 earnings per share estimates for i-80 Gold in a note issued to investors on Wednesday, May 1st. National Bank Financial analyst D. Demarco expects that the company will earn $0.25 per share for the year. The consensus estimate for i-80 Gold’s current full-year earnings is $0.03 per share. National Bank Financial also issued estimates for i-80 Gold’s FY2025 earnings at $0.52 EPS and FY2026 earnings at $0.47 EPS.

i-80 Gold (TSE:IAU) last issued its quarterly earnings data on Tuesday, March 12th. The company reported C($0.10) earnings per share for the quarter, missing the consensus estimate of C($0.05) by C($0.05). i-80 Gold had a negative net margin of 118.73% and a negative return on equity of 17.16%. The company had revenue of C$35.18 million during the quarter.

i-80 Gold Price Performance

Shares of TSE IAU opened at C$1.64 on Monday. The firm has a market cap of C$631.24 million, a P/E ratio of -4.97 and a beta of 1.87. The business’s 50 day moving average is C$1.81 and its 200-day moving average is C$1.96. The company has a current ratio of 0.65, a quick ratio of 1.57 and a debt-to-equity ratio of 42.29. i-80 Gold has a 1-year low of C$1.56 and a 1-year high of C$3.44.

Insider Buying and Selling at i-80 Gold

In related news, Director John Seaman sold 28,000 shares of the firm’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$2.00, for a total transaction of C$55,916.00. In related news, Director John Seaman sold 28,000 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of C$2.00, for a total transaction of C$55,916.00. Also, Director John A. Begeman sold 20,000 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of C$1.86, for a total value of C$37,200.00. Insiders have sold a total of 73,000 shares of company stock valued at $136,866 in the last ninety days. 19.41% of the stock is currently owned by corporate insiders.

About i-80 Gold

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.