i-80 Gold (TSE:IAU) Reaches New 1-Year Low at $1.35

i-80 Gold Corp. (TSE:IAU)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$1.35 and last traded at C$1.36, with a volume of 483626 shares. The stock had previously closed at C$1.42.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reduced their price objective on shares of i-80 Gold from C$4.75 to C$4.10 and set a “buy” rating on the stock in a research note on Friday, May 24th.

i-80 Gold Stock Up 3.0 %

The firm’s 50 day moving average is C$1.57 and its two-hundred day moving average is C$1.83. The firm has a market cap of C$527.31 million, a P/E ratio of -4.15 and a beta of 1.89. The company has a current ratio of 0.30, a quick ratio of 1.57 and a debt-to-equity ratio of 43.59.

i-80 Gold (TSE:IAU) last released its quarterly earnings data on Monday, May 13th. The company reported C($0.09) earnings per share for the quarter, missing the consensus estimate of C($0.05) by C($0.04). i-80 Gold had a negative return on equity of 17.16% and a negative net margin of 115.35%. The firm had revenue of C$11.34 million for the quarter. As a group, research analysts anticipate that i-80 Gold Corp. will post 0.0264607 EPS for the current fiscal year.

i-80 Gold Company Profile

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.