i-80 Gold (TSE:IAU) Shares Down 2.6% – Should You Sell?
by Scott Moore · The Cerbat Gemi-80 Gold Corp. (TSE:IAU – Get Free Report) fell 2.6% during mid-day trading on Tuesday . The stock traded as low as C$2.22 and last traded at C$2.23. 882,239 shares traded hands during trading, a decline of 37% from the average session volume of 1,402,097 shares. The stock had previously closed at C$2.29.
i-80 Gold Stock Down 1.6%
The stock has a market capitalization of C$1.52 billion, a P/E ratio of -6.03 and a beta of 2.13. The stock has a 50 day moving average price of C$2.45 and a 200-day moving average price of C$1.85. The company has a debt-to-equity ratio of 50.38, a current ratio of 0.73 and a quick ratio of 1.57.
i-80 Gold (TSE:IAU – Get Free Report) last issued its earnings results on Friday, February 20th. The company reported C($0.07) EPS for the quarter. i-80 Gold had a negative return on equity of 47.93% and a negative net margin of 195.86%.The firm had revenue of C$27.75 million during the quarter. As a group, research analysts expect that i-80 Gold Corp. will post 0.0264607 EPS for the current fiscal year.
i-80 Gold Company Profile
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.