i-80 Gold Corp. (NYSE:IAUX) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its stake in i-80 Gold Corp. (NYSE:IAUX) by 57.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,911 shares of the company’s stock after selling 406,728 shares during the period. Jane Street Group LLC’s holdings in i-80 Gold were worth $346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. General American Investors Co. Inc. purchased a new position in i-80 Gold during the third quarter worth about $3,092,000. Renaissance Technologies LLC purchased a new position in i-80 Gold during the second quarter worth about $1,401,000. Van ECK Associates Corp raised its holdings in i-80 Gold by 16.3% during the third quarter. Van ECK Associates Corp now owns 15,120,732 shares of the company’s stock worth $17,086,000 after purchasing an additional 2,121,050 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in i-80 Gold by 111.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 180,621 shares of the company’s stock worth $210,000 after purchasing an additional 95,039 shares in the last quarter. Finally, Creative Planning purchased a new position in i-80 Gold during the third quarter worth about $119,000. Institutional investors and hedge funds own 61.31% of the company’s stock.

i-80 Gold Stock Performance

Shares of NYSE IAUX opened at $0.55 on Thursday. i-80 Gold Corp. has a 1 year low of $0.34 and a 1 year high of $1.78. The company has a market cap of $165.90 million, a P/E ratio of -1.53 and a beta of 1.25. The company has a current ratio of 0.33, a quick ratio of 0.22 and a debt-to-equity ratio of 0.19.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on IAUX. Cibc World Mkts cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Monday, December 2nd. Ventum Cap Mkts cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. Stifel Canada cut shares of i-80 Gold from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, December 30th. National Bank Financial cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Finally, Cormark raised shares of i-80 Gold to a “hold” rating in a report on Thursday, November 14th. Four investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, i-80 Gold has an average rating of “Hold” and a consensus target price of $3.50.

About i-80 Gold

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.