i-80 Gold Corp. (NYSE:IAUX) Shares Purchased by Barclays PLC

Barclays PLC lifted its holdings in i-80 Gold Corp. (NYSE:IAUX) by 117.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 604,069 shares of the company’s stock after purchasing an additional 325,664 shares during the period. Barclays PLC’s holdings in i-80 Gold were worth $701,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Rathbones Group PLC purchased a new stake in shares of i-80 Gold in the second quarter valued at approximately $47,000. Murphy Pohlad Asset Management LLC grew its stake in i-80 Gold by 240.0% in the 3rd quarter. Murphy Pohlad Asset Management LLC now owns 51,000 shares of the company’s stock valued at $59,000 after acquiring an additional 36,000 shares during the period. Intech Investment Management LLC purchased a new stake in i-80 Gold in the 3rd quarter worth $71,000. Creative Planning acquired a new position in i-80 Gold during the third quarter worth $119,000. Finally, SG Americas Securities LLC raised its position in i-80 Gold by 142.7% during the third quarter. SG Americas Securities LLC now owns 104,330 shares of the company’s stock worth $121,000 after acquiring an additional 61,337 shares during the period. Institutional investors and hedge funds own 61.31% of the company’s stock.

i-80 Gold Price Performance

NYSE:IAUX opened at $0.49 on Wednesday. The stock has a market capitalization of $147.29 million, a PE ratio of -1.36 and a beta of 1.17. i-80 Gold Corp. has a twelve month low of $0.34 and a twelve month high of $1.81. The company has a current ratio of 0.33, a quick ratio of 0.22 and a debt-to-equity ratio of 0.19.

Wall Street Analyst Weigh In

A number of research firms have recently commented on IAUX. Cormark raised shares of i-80 Gold to a “hold” rating in a research note on Thursday, November 14th. National Bank Financial cut i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Ventum Cap Mkts cut i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. Finally, Cibc World Mkts lowered i-80 Gold from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 2nd. Four research analysts have rated the stock with a hold rating, According to MarketBeat, i-80 Gold has a consensus rating of “Hold” and a consensus price target of $3.50.

i-80 Gold Company Profile

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.