Creative Planning Invests $119,000 in i-80 Gold Corp. (NYSEAMERICAN:IAUX)

Creative Planning purchased a new stake in shares of i-80 Gold Corp. (NYSEAMERICAN:IAUX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 102,707 shares of the company’s stock, valued at approximately $119,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new stake in shares of i-80 Gold in the second quarter valued at $1,401,000. Van ECK Associates Corp increased its position in i-80 Gold by 23.3% in the 2nd quarter. Van ECK Associates Corp now owns 12,999,682 shares of the company’s stock valued at $14,040,000 after acquiring an additional 2,459,920 shares in the last quarter. Virtu Financial LLC raised its stake in shares of i-80 Gold by 1,365.7% in the first quarter. Virtu Financial LLC now owns 203,962 shares of the company’s stock worth $273,000 after acquiring an additional 190,046 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of i-80 Gold by 28.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 58,013 shares of the company’s stock worth $78,000 after purchasing an additional 12,737 shares in the last quarter. Finally, Rathbones Group PLC bought a new stake in shares of i-80 Gold during the second quarter valued at approximately $47,000. 61.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, National Bank Financial lowered i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 9th.

i-80 Gold Price Performance

NYSEAMERICAN:IAUX opened at $0.91 on Wednesday. i-80 Gold Corp. has a 1 year low of $0.76 and a 1 year high of $1.88. The stock has a market capitalization of $272.97 million, a price-to-earnings ratio of -3.44 and a beta of 1.45. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 0.19.

i-80 Gold (NYSEAMERICAN:IAUX) last announced its quarterly earnings results on Monday, August 12th. The company reported ($0.07) earnings per share for the quarter. i-80 Gold had a negative net margin of 162.24% and a negative return on equity of 21.06%. The company had revenue of $7.18 million during the quarter. Research analysts expect that i-80 Gold Corp. will post -0.16 earnings per share for the current fiscal year.

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.