Financial Analysis: i-80 Gold (IAUX) versus Its Rivals
by Danessa Lincoln · The Markets Dailyi-80 Gold (NYSE:IAUX – Get Free Report) is one of 1,984 public companies in the “Metals & Mining” industry, but how does it weigh in compared to its peers? We will compare i-80 Gold to similar businesses based on the strength of its analyst recommendations, dividends, earnings, profitability, institutional ownership, valuation and risk.
Insider and Institutional Ownership
61.3% of i-80 Gold shares are owned by institutional investors. Comparatively, 16.1% of shares of all “Metals & Mining” companies are owned by institutional investors. 1.4% of i-80 Gold shares are owned by company insiders. Comparatively, 17.6% of shares of all “Metals & Mining” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Earnings and Valuation
This table compares i-80 Gold and its peers revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| i-80 Gold | $130.76 million | -$65.20 million | -4.58 |
| i-80 Gold Competitors | $4.77 billion | $278.94 million | -26.22 |
i-80 Gold’s peers have higher revenue and earnings than i-80 Gold. i-80 Gold is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Analyst Recommendations
This is a summary of current ratings for i-80 Gold and its peers, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| i-80 Gold | 0 | 0 | 1 | 0 | 3.00 |
| i-80 Gold Competitors | 6406 | 22609 | 32306 | 1801 | 2.47 |
i-80 Gold presently has a consensus price target of $2.75, indicating a potential upside of 93.66%. As a group, “Metals & Mining” companies have a potential upside of 27.85%. Given i-80 Gold’s stronger consensus rating and higher probable upside, equities research analysts plainly believe i-80 Gold is more favorable than its peers.
Volatility & Risk
i-80 Gold has a beta of 1.27, suggesting that its share price is 27% more volatile than the S&P 500. Comparatively, i-80 Gold’s peers have a beta of 0.96, suggesting that their average share price is 4% less volatile than the S&P 500.
Profitability
This table compares i-80 Gold and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| i-80 Gold | -231.43% | -21.18% | -12.67% |
| i-80 Gold Competitors | -1,164,884,689,320,590,400.00% | -52.78% | -2.01% |
Summary
i-80 Gold beats its peers on 8 of the 13 factors compared.
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.