i-80 Gold (TSE:IAU) Raised to Hold at Cormark

Cormark upgraded shares of i-80 Gold (TSE:IAU) to a hold rating in a report published on Thursday,Zacks.com reports.

Separately, National Bank Financial cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, i-80 Gold currently has an average rating of “Moderate Buy” and a consensus target price of C$3.90.

i-80 Gold Trading Down 10.9 %

IAU stock opened at C$0.49 on Thursday. i-80 Gold has a 52 week low of C$0.47 and a 52 week high of C$2.48. The company has a market capitalization of C$188.62 million, a PE ratio of -1.26 and a beta of 1.79. The company’s 50-day simple moving average is C$1.43 and its 200 day simple moving average is C$1.45. The company has a debt-to-equity ratio of 38.47, a quick ratio of 1.57 and a current ratio of 0.54.

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.