TSX:IAUMetals and Mining
A Look At I‑80 Gold (TSX:IAU) Valuation After Completing Its US$1b Recapitalization
i-80 Gold (TSX:IAU) has just closed a US$150 million gold prepay facility with National Bank of Canada and Macquarie Bank, completing a recapitalization that secures over US$1 billion to support its phased development plan.
See our latest analysis for i-80 Gold.
The recapitalization news comes after a sharp 30 day share price return decline of 30.18%. However, the 1 year total shareholder return of 134.12% and recent 1 day and 7 day share price gains suggest momentum has started to...