i-80 Gold (NYSE:IAUX) Lowered to “Hold” Rating by Ventum Cap Mkts

Ventum Cap Mkts downgraded shares of i-80 Gold (NYSE:IAUX) from a strong-buy rating to a hold rating in a research report sent to investors on Wednesday,Zacks.com reports.

Other research analysts have also issued reports about the company. Cormark raised i-80 Gold to a “hold” rating in a research report on Thursday. National Bank Financial lowered shares of 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

Shares of NYSE:IAUX opened at $0.35 on Wednesday. i-80 Gold has a 12-month low of $0.34 and a 12-month high of $1.88.

Institutional Investors Weigh In On i-80 Gold

Large investors have recently added to or reduced their stakes in the company. 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 during the last quarter. Tidal Investments LLC acquired a new stake in shares of i-80 Gold in the first quarter valued at approximately $10,746,000. Virtu Financial LLC raised its stake in i-80 Gold by 1,365.7% during the 1st quarter. Virtu Financial LLC now owns 203,962 shares of the company’s stock valued at $273,000 after acquiring an additional 190,046 shares in the last quarter. SG Americas Securities LLC lifted its holdings in 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 purchasing an additional 31,425 shares during the period. Finally, HTLF Bank lifted its stake in shares of i-80 Gold by 33.3% in the 2nd quarter. HTLF Bank now owns 60,000 shares of the company’s stock worth $65,000 after acquiring an additional 15,000 shares during the period.

i-80 Gold Corp. is a mining company in the Precious Metals industry.