i-80 Gold (TSE:IAU) Upgraded at National Bank Financial

i-80 Gold (TSE:IAU) was upgraded by research analysts at National Bank Financial from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

IAU has been the topic of several other research reports. Ventum Cap Mkts lowered i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. National Bankshares raised shares of i-80 Gold from a “sector perform” rating to an “outperform” rating and reduced their target price for the stock from C$2.25 to C$1.75 in a research note on Thursday. Royal Bank of Canada cut their price target on shares of i-80 Gold from C$3.00 to C$2.00 in a report on Friday, December 6th. Cibc World Mkts cut i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Monday, December 2nd. Finally, Cormark raised i-80 Gold to a “hold” rating in a research note on Thursday, November 14th. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, i-80 Gold has an average rating of “Moderate Buy” and a consensus target price of C$2.55.

i-80 Gold Price Performance

TSE:IAU opened at C$0.82 on Wednesday. i-80 Gold has a one year low of C$0.47 and a one year high of C$2.40. The stock has a market cap of C$315.65 million, a PE ratio of -2.10 and a beta of 1.79. The company has a debt-to-equity ratio of 38.47, a quick ratio of 1.57 and a current ratio of 0.54. The stock has a 50 day moving average price of C$0.89 and a 200 day moving average price of C$1.25.

Insider Buying and Selling at i-80 Gold

In other i-80 Gold news, Director Richard Scott Young purchased 195,000 shares of i-80 Gold stock in a transaction dated Tuesday, November 19th. The shares were acquired at an average price of C$0.64 per share, with a total value of C$124,800.00. Insiders have bought a total of 285,150 shares of company stock valued at $184,581 over the last quarter. 2.43% of the stock is owned by company insiders.

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.