i-80 Gold Corp. (NYSEAMERICAN:IAUX) Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its position in shares of i-80 Gold Corp. (NYSEAMERICAN:IAUX) by 111.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 180,621 shares of the company’s stock after purchasing an additional 95,039 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.06% of i-80 Gold worth $210,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC boosted its position in shares of i-80 Gold by 271.7% in the second quarter. SG Americas Securities LLC now owns 42,993 shares of the company’s stock worth $46,000 after buying an additional 31,425 shares during the period. Rathbones Group PLC acquired a new stake in i-80 Gold in the second quarter valued at approximately $47,000. Price T Rowe Associates Inc. MD grew its position in i-80 Gold by 28.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 58,013 shares of the company’s stock valued at $78,000 after acquiring an additional 12,737 shares in the last quarter. HTLF Bank raised its stake in shares of i-80 Gold by 33.3% during the second quarter. HTLF Bank now owns 60,000 shares of the company’s stock valued at $65,000 after purchasing an additional 15,000 shares during the period. Finally, Corundum Trust Company INC purchased a new position in shares of i-80 Gold in the second quarter valued at $78,000. Institutional investors and hedge funds own 61.31% of the company’s stock.

Wall Street Analyst Weigh In

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

i-80 Gold Price Performance

Shares of IAUX opened at $0.91 on Wednesday. i-80 Gold Corp. has a one year low of $0.76 and a one year high of $1.88. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $272.97 million, a P/E ratio of -3.36 and a beta of 1.45.

i-80 Gold (NYSEAMERICAN:IAUX) last released its earnings results on Monday, August 12th. The company reported ($0.07) EPS for the quarter. i-80 Gold had a negative net margin of 162.24% and a negative return on equity of 21.06%. The business had revenue of $7.18 million for the quarter. On average, equities research analysts anticipate that i-80 Gold Corp. will post -0.16 earnings per share for the current year.

i-80 Gold 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.