Update shared on 21 Nov 2025
Fair value Increased 0.026%Narrative Update: i-80 Gold Analyst Price Target Adjustment
Analysts have reduced their price target for i-80 Gold by C$0.25 to C$3.25, citing revised growth forecasts along with updated profitability expectations.
Analyst Commentary
Bullish Takeaways
- Bullish analysts maintain a positive outlook on i-80 Gold's long-term growth potential, even after the recent price target adjustment.
- They emphasize the company's resource base and project pipeline as key strengths that support future valuation.
- The Speculative Buy rating remains unchanged, reflecting ongoing confidence in management's ability to execute.
- Potential catalysts, including exploration updates and operational milestones, are identified as important drivers for share price appreciation.
Bearish Takeaways
- Bearish analysts observe that revised growth and profitability forecasts have led to a lower price target.
- Execution risk remains a concern, especially since market conditions and funding needs could influence project timelines.
- There are ongoing concerns about cost controls and the company's ability to achieve updated production targets.
What's in the News
- i-80 Gold commenced construction at the Archimedes underground project after securing all required environmental permits. The project is anticipated to begin production in late 2026 and is part of a phased development aiming for 600,000 ounces annual gold output in the early 2030s (Key Developments).
- Significant infill and step-out drilling continues at the Granite Creek Underground Project, with new high-grade gold assay results advancing the Granite Creek feasibility study and underlining resource growth potential across the company's Nevada assets (Key Developments).
- The company announced a mineral resource update for the FAD Project, confirming high-grade gold, silver, lead, and zinc mineralization. The asset is considered non-core and will not have a technical report filed on SEDAR+ or EDGAR (Key Developments).
Valuation Changes
- Fair Value Estimate has risen slightly from CA$2.56 to CA$2.56 per share.
- Discount Rate has increased modestly from 7.92% to 7.96%.
- Revenue Growth expectations have fallen significantly from 74.1% to 68.1%.
- Net Profit Margin is now projected higher, improving from 19.3% to 23.8%.
- Future P/E ratio has decreased notably from 29.2x to 21.0x, reflecting revised earnings outlooks.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.