John Seaman Buys 25,000 Shares of i-80 Gold Corp. (TSE:IAU) Stock

i-80 Gold Corp. (TSE:IAU) Director John Seaman acquired 25,000 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were bought at an average cost of C$0.50 per share, with a total value of C$12,500.00.

i-80 Gold Price Performance

Shares of TSE IAU opened at C$0.49 on Friday. The company has a 50 day simple moving average of C$1.43 and a two-hundred day simple moving average of C$1.45. The company has a market capitalization of C$188.62 million, a price-to-earnings ratio of -1.26 and a beta of 1.79. i-80 Gold Corp. has a fifty-two week low of C$0.47 and a fifty-two week high of C$2.48. The company has a debt-to-equity ratio of 38.47, a quick ratio of 1.57 and a current ratio of 0.54.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on IAU shares. National Bank Financial downgraded shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 9th. Ventum Cap Mkts downgraded i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Finally, Cormark upgraded shares of i-80 Gold to a “hold” rating in a research report on Thursday. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, i-80 Gold has an average rating of “Moderate Buy” and a consensus price target of C$3.90.

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.