Insider Buying: i-80 Gold (NYSE:IAUX) Director Buys 20,000 Shares of Stock

by · The Markets Daily

i-80 Gold Corp. (NYSE:IAUX – Get Free Report) Director John William Seaman bought 20,000 shares of the stock in a transaction on Tuesday, December 9th. The shares were purchased at an average price of $1.30 per share, with a total value of $26,000.00. Following the acquisition, the director owned 346,942 shares in the company, valued at approximately $451,024.60. This represents a 6.12% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

John William Seaman also recently made the following trade(s):

  • On Tuesday, November 25th, John William Seaman purchased 30,000 shares of i-80 Gold stock. The stock was purchased at an average price of $1.03 per share, for a total transaction of $30,900.00.

i-80 Gold Stock Up 4.1%

Shares of NYSE:IAUX traded up $0.06 during mid-day trading on Friday, reaching $1.44. 6,480,352 shares of the stock were exchanged, compared to its average volume of 5,864,611. The stock’s 50 day simple moving average is $1.05 and its 200-day simple moving average is $0.82. i-80 Gold Corp. has a one year low of $0.48 and a one year high of $1.46. The company has a market cap of $1.15 billion, a P/E ratio of -4.01 and a beta of 1.22. The company has a quick ratio of 0.22, a current ratio of 0.33 and a debt-to-equity ratio of 0.19.

Hedge Funds Weigh In On i-80 Gold

Hedge funds have recently made changes to their positions in the business. Maia Wealth LLC bought a new stake in shares of i-80 Gold in the second quarter worth $25,000. Banco BTG Pactual S.A. acquired a new stake in shares of i-80 Gold in the second quarter valued at about $25,000. Heck Capital Advisors LLC acquired a new position in shares of i-80 Gold during the 3rd quarter worth approximately $28,000. Sovereign Financial Group Inc. raised its position in i-80 Gold by 87.9% during the third quarter. Sovereign Financial Group Inc. now owns 31,245 shares of the company’s stock worth $30,000 after acquiring an additional 14,618 shares in the last quarter. Finally, Clear Harbor Asset Management LLC lifted its stake in i-80 Gold by 48.5% in the 2nd quarter. Clear Harbor Asset Management LLC now owns 53,655 shares of the company’s stock valued at $32,000 after purchasing an additional 17,533 shares during the last quarter. 61.31% of the stock is owned by institutional investors.

About i-80 Gold

(Get Free Report)

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.

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