American International Group Inc. acquired a new position in i-80 Gold Corp. (NYSEAMERICAN:IAUX – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 92,986 shares of the company’s stock, valued at approximately $209,000.
Other large investors also recently bought and sold shares of the company. Sprott Inc. grew its stake in shares of i-80 Gold by 0.4% during the 4th quarter. Sprott Inc. now owns 21,699,982 shares of the company’s stock valued at $60,671,000 after purchasing an additional 95,208 shares during the period. Van ECK Associates Corp grew its stake in shares of i-80 Gold by 14.3% during the 2nd quarter. Van ECK Associates Corp now owns 8,566,678 shares of the company’s stock valued at $19,279,000 after purchasing an additional 1,068,757 shares during the period. Franklin Resources Inc. grew its stake in shares of i-80 Gold by 2.7% during the 1st quarter. Franklin Resources Inc. now owns 3,829,900 shares of the company’s stock valued at $9,323,000 after purchasing an additional 100,000 shares during the period. Bank of Montreal Can bought a new stake in shares of i-80 Gold during the 2nd quarter valued at about $2,461,000. Finally, Gilder Gagnon Howe & Co. LLC bought a new stake in shares of i-80 Gold during the 1st quarter valued at about $1,778,000. 43.30% of the stock is currently owned by institutional investors.
i-80 Gold Trading Up 1.1 %
Shares of NYSEAMERICAN:IAUX opened at $1.35 on Tuesday. The company has a market cap of $401.01 million, a P/E ratio of -3.45 and a beta of 1.57. The company has a quick ratio of 0.80, a current ratio of 1.12 and a debt-to-equity ratio of 0.35. i-80 Gold Corp. has a 12-month low of $1.25 and a 12-month high of $3.18.
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. It holds a 100% interest in the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree and Buffalo Mountain gold deposits located in Humboldt County, Nevada; and the Ruby Hill mine in Eureka County, Nevada.
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