Critical Review: i-80 Gold (IAUX) & The Competition

i-80 Gold (NYSE:IAUX) is one of 113 public companies in the “Gold & silver ores” industry, but how does it contrast to its competitors? We will compare i-80 Gold to similar companies based on the strength of its analyst recommendations, institutional ownership, earnings, risk, profitability, valuation and dividends.

Risk and Volatility

i-80 Gold has a beta of 1.25, meaning that its stock price is 25% more volatile than the S&P 500. Comparatively, i-80 Gold’s competitors have a beta of 0.95, meaning that their average stock price is 5% less volatile than the S&P 500.

Earnings and Valuation

This table compares i-80 Gold and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
i-80 Gold	$52.94 million	-$65.20 million	-1.55
i-80 Gold Competitors	$4.72 billion	-$71.11 million	-17.72

i-80 Gold’s competitors have higher revenue, but lower earnings than i-80 Gold. i-80 Gold is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares i-80 Gold and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
i-80 Gold	-231.43%	-21.18%	-12.67%
i-80 Gold Competitors	-59.27%	4.68%	3.68%

Insider and Institutional Ownership

61.3% of i-80 Gold shares are owned by institutional investors. Comparatively, 34.9% of shares of all “Gold & silver ores” companies are owned by institutional investors. 7.1% of shares of all “Gold & silver ores” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings and price targets for i-80 Gold and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
i-80 Gold	0	4	0	0	2.00
i-80 Gold Competitors	1158	3697	4518	130	2.38

i-80 Gold presently has a consensus target price of $3.50, suggesting a potential upside of 526.23%. As a group, “Gold & silver ores” companies have a potential upside of 36.97%. Given i-80 Gold’s higher possible upside, analysts clearly believe i-80 Gold is more favorable than its competitors.

Summary

i-80 Gold competitors beat i-80 Gold on 8 of the 13 factors compared.

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.