i-80 Gold Corp. (TSE:IAU) Receives C$2.55 Average PT from Analysts

Shares of i-80 Gold Corp. (TSE:IAU) have received a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$2.55.

Separately, Cormark raised shares of i-80 Gold from a “hold” rating to a “moderate buy” rating in a research note on Friday, March 7th.

i-80 Gold Price Performance

IAU opened at C$0.75 on Friday. i-80 Gold has a one year low of C$0.47 and a one year high of C$1.71. The company has a debt-to-equity ratio of 40.07, a current ratio of 0.33 and a quick ratio of 1.57. The company’s 50 day simple moving average is C$0.79 and its 200-day simple moving average is C$0.85. The stock has a market capitalization of C$200.45 million, a P/E ratio of -1.38 and a beta of 1.79.

About i-80 Gold

i-80 Gold Corp. is a Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of four new open pit and underground mining operations that will ultimately process ore at the Company’s central Lone Tree complex that includes an Autoclave. The Company’s primary goal is to build a self-sustaining, mid-tier, mining company with a peer-best growth platform by employing a methodical, capital disciplined and staged approach to minimize risk while also assessing and monitoring for accretive growth opportunities.