Maia Wealth LLC purchased a new position in shares of i-80 Gold Corp. (NYSE:IAUX – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 63,442 shares of the company’s stock, valued at approximately $34,000.
A number of other institutional investors have also recently added to or reduced their stakes in IAUX. Tidal Investments LLC boosted its position in i-80 Gold by 66.1% during the 3rd quarter. Tidal Investments LLC now owns 19,823,761 shares of the company’s stock worth $22,996,000 after purchasing an additional 7,889,867 shares during the period. General American Investors Co. Inc. purchased a new position in i-80 Gold in the 3rd quarter valued at about $3,092,000. Van ECK Associates Corp boosted its position in i-80 Gold by 16.3% in the 3rd quarter. Van ECK Associates Corp now owns 15,120,732 shares of the company’s stock valued at $17,086,000 after buying an additional 2,121,050 shares during the last quarter. Geode Capital Management LLC boosted its position 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 valued at $4,377,000 after buying an additional 702,326 shares during the last quarter. Finally, State Street Corp boosted its position 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 valued at $4,942,000 after buying an additional 596,190 shares during the last quarter. 61.31% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
IAUX has been the subject of a number of analyst reports. Cibc World Mkts cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 2nd. Cormark raised shares of i-80 Gold to a “hold” rating in a research report on Thursday, November 14th. National Bank Financial raised shares of i-80 Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. Stifel Canada cut shares of i-80 Gold from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, December 30th. Finally, Ventum Cap Mkts cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, i-80 Gold presently has a consensus rating of “Moderate Buy” and a consensus price target of $3.50.
i-80 Gold Stock Performance
Shares of IAUX stock opened at $0.77 on Tuesday. The company has a quick ratio of 0.22, a current ratio of 0.33 and a debt-to-equity ratio of 0.19. i-80 Gold Corp. has a one year low of $0.34 and a one year high of $1.64. The stock’s 50-day moving average is $0.61. The company has a market capitalization of $338.46 million, a PE ratio of -2.14 and a beta of 1.29.
i-80 Gold Profile
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.
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