i-80 Gold (TSE:IAU) Director Steven Wayne Yopps Purchases 50,000 Shares

i-80 Gold Corp. (TSE:IAU) Director Steven Wayne Yopps purchased 50,000 shares of i-80 Gold stock in a transaction on Friday, May 15th. The stock was bought at an average price of C$2.02 per share, with a total value of C$101,000.00. Following the completion of the acquisition, the director directly owned 50,000 shares of the company’s stock, valued at approximately C$101,000. This trade represents a ∞ increase in their position.

i-80 Gold Stock Down 6.0%

Shares of i-80 Gold stock traded down C$0.13 during trading hours on Friday, reaching C$2.02. The company’s stock had a trading volume of 621,400 shares, compared to its average volume of 1,821,087. i-80 Gold Corp. has a one year low of C$0.69 and a one year high of C$3.04. The company has a market capitalization of C$1.74 billion, a P/E ratio of -6.97 and a beta of 2.39. The stock’s fifty day simple moving average is C$2.18 and its two-hundred day simple moving average is C$2.08. The company has a debt-to-equity ratio of 50.38, a quick ratio of 1.57 and a current ratio of 0.73.

i-80 Gold (TSE:IAU) last released its quarterly earnings data on Wednesday, May 13th. The company reported C($0.04) earnings per share for the quarter. i-80 Gold had a negative net margin of 195.86% and a negative return on equity of 47.93%. The business had revenue of C$72.84 million during the quarter. On average, research analysts forecast that i-80 Gold Corp. will post 0.0264607 earnings per share for the current year.

About i-80 Gold

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.