i-80 Gold (NYSE:IAUX) Rating Lowered to “Hold” at Ventum Cap Mkts

Ventum Cap Mkts downgraded shares of i-80 Gold (NYSE:IAUX) from a strong-buy rating to a hold rating in a research note published on Wednesday,Zacks.com reports.

A number of other equities research analysts have also commented on IAUX. National Bank Financial lowered shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Cormark upgraded shares of i-80 Gold to a “hold” rating in a report on Thursday.

i-80 Gold Stock Down 10.6 %

NYSE:IAUX opened at $0.35 on Wednesday. i-80 Gold has a 52 week low of $0.34 and a 52 week high of $1.88.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its holdings in i-80 Gold by 22.9% in the 3rd quarter. Geode Capital Management LLC now owns 3,773,197 shares of the company’s stock worth $4,377,000 after purchasing an additional 702,326 shares in the last quarter. Barclays PLC raised its holdings in i-80 Gold by 117.0% in the 3rd quarter. Barclays PLC now owns 604,069 shares of the company’s stock worth $701,000 after purchasing an additional 325,664 shares in the last quarter. XTX Topco Ltd bought a new position in i-80 Gold in the 3rd quarter worth $198,000. State Street Corp raised its holdings in i-80 Gold by 16.3% in the 3rd quarter. State Street Corp now owns 4,260,438 shares of the company’s stock worth $4,942,000 after purchasing an additional 596,190 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in i-80 Gold by 63.3% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 116,374 shares of the company’s stock worth $135,000 after purchasing an additional 45,101 shares in the last quarter.

i-80 Gold Corp. is a mining company in the Precious Metals industry.