i-80 Gold (NYSE:IAUX) Director Purchases $73,500.00 in Stock

i-80 Gold Corp. (NYSE:IAUX) Director Steven Yopps purchased 50,000 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was purchased at an average cost of $1.47 per share, for a total transaction of $73,500.00. Following the acquisition, the director owned 50,000 shares of the company’s stock, valued at approximately $73,500. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

i-80 Gold Price Performance

Shares of i-80 Gold stock traded down $0.02 during trading on Monday, hitting $1.46. The stock had a trading volume of 5,189,577 shares, compared to its average volume of 14,397,182. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of -4.06 and a beta of 1.12. i-80 Gold Corp. has a 12 month low of $0.50 and a 12 month high of $2.24. The business’s 50-day moving average is $1.57 and its 200 day moving average is $1.52. The company has a current ratio of 0.33, a quick ratio of 0.22 and a debt-to-equity ratio of 0.19.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Rathbones Group PLC increased its stake in i-80 Gold by 5.1% in the fourth quarter. Rathbones Group PLC now owns 123,740 shares of the company’s stock valued at $181,000 after acquiring an additional 6,000 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of i-80 Gold by 1.1% during the fourth quarter. Bank of Montreal Can now owns 841,225 shares of the company’s stock worth $1,238,000 after purchasing an additional 9,175 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of i-80 Gold by 4.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 246,655 shares of the company’s stock worth $360,000 after purchasing an additional 10,518 shares during the period. Murphy Pohlad Asset Management LLC boosted its holdings in shares of i-80 Gold by 6.4% during the third quarter. Murphy Pohlad Asset Management LLC now owns 198,800 shares of the company’s stock worth $190,000 after purchasing an additional 12,000 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of i-80 Gold by 3.1% during the fourth quarter. LPL Financial LLC now owns 429,440 shares of the company’s stock worth $627,000 after purchasing an additional 13,000 shares during the period. Institutional investors own 61.31% of the company’s stock.

About i-80 Gold

i-80 Gold Corp. is a Canadian-focused gold exploration, development and production company with a strategic emphasis on precious metal assets in the state of Nevada, USA. The company pursues a district-scale approach, seeking to consolidate under-explored gold belts and advance resource-stage projects toward commercial production. Its core objective is to build a balanced portfolio of operating and development assets that generate cash flow while supporting ongoing exploration.

The company’s flagship asset is the 100%-owned Ruby Hill complex in Humboldt County, Nevada, which encompasses multiple gold and silver deposits at various stages of technical study and permitting.