i-80 Gold Corp. (TSE:IAU – Get Free Report)’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.
Get Our Latest Research Report on i-80 Gold
i-80 Gold Stock Up 3.0 %
i-80 Gold (TSE:IAU – Get Free Report) 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.
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