i-80 Gold (TSX:IAU) - Stock Price, News & Analysis

IAU Stock Overview

A mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States.

IAU fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	5/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Earnings are forecast to grow 121.1% per year

Risk Analysis

Has less than 1 year of cash runway

Highly volatile share price over the past 3 months compared to the Canadian market

Shareholders have been diluted in the past year

i-80 Gold Corp. Competitors

Asante Gold

CNSX:ASE

CA$580.4m

Orezone Gold

TSX:ORE

CA$316.6m

TRX Gold

TSX:TRX

CA$145.4m

Thor Explorations

TSXV:THX

CA$173.9m

Price History & Performance

Summary of all time highs, changes and price drops for i-80 Gold
Historical stock prices
Current Share Price	CA$0.53
52 Week High	CA$2.48
52 Week Low	CA$1.05
Beta	1.79
11 Month Change	-64.19%
3 Month Change	-59.54%
1 Year Change	-71.20%
33 Year Change	-82.85%
5 Year Change	n/a
Change since IPO	-77.92%

Recent updates

i-80 Gold Corp.'s (TSE:IAU) Share Price Matching Investor Opinion

Aug 07

Why We're Not Concerned About i-80 Gold Corp.'s (TSE:IAU) Share Price

Apr 29

i-80 Gold Corp.'s (TSE:IAU) Intrinsic Value Is Potentially 97% Above Its Share Price

Sep 22

Shareholder Returns

	IAU	CA Metals and Mining	CA Market
7D	-63.7%	-7.4%	-0.2%
1Y	-71.2%	25.7%	21.2%

Return vs Industry: IAU underperformed the Canadian Metals and Mining industry which returned 27.6% over the past year.

Return vs Market: IAU underperformed the Canadian Market which returned 21.5% over the past year.

Price Volatility

Is IAU's price volatile compared to industry and market?
IAU volatility
IAU Average Weekly Movement	8.3%
Metals and Mining Industry Average Movement	10.6%
Market Average Movement	8.2%
10% most volatile stocks in CA Market	17.5%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: IAU's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: IAU's weekly volatility has increased from 12% to 18% over the past year.

About the Company

Founded	Employees	CEO	Website
2020	116	Richard Young	www.i80gold.com

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. i-80 Gold Corp. was incorporated in 2020 and is headquartered in Reno, Nevada.

i-80 Gold Corp. Fundamentals Summary

How do i-80 Gold's earnings and revenue compare to its market cap?
IAU fundamental statistics
Market cap	CA$482.56m
Earnings (TTM)	-CA$171.36m
Revenue (TTM)	CA$74.04m

2.7x

P/S Ratio

-1.2x

P/E Ratio

Is IAU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IAU income statement (TTM)
Revenue	US$52.94m
Cost of Revenue	US$74.36m
Gross Profit	-US$21.42m
Other Expenses	US$101.11m
Earnings	-US$122.52m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.32
Gross Margin	-40.45%
Net Profit Margin	-231.43%
Debt/Equity Ratio	40.1%

How did IAU perform over the long term?

See historical performance and comparison

IAU Stock Overview

Rewards

Risk Analysis

i-80 Gold Corp. Competitors

CNSX:ASE

CA$580.4m

TSX:ORE

CA$316.6m

TSX:TRX

CA$145.4m

TSXV:THX

CA$173.9m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: US$0.098 loss per share (vs US$0.015 loss in 3Q 2023)

CEO & Director recently bought CA$1.0m worth of stock

i-80 GOLD CORP Announces Chief Executive Officer Changes

Consensus revenue estimates decrease by 55%, EPS upgraded

Consensus revenue estimates decrease by 67%

i-80 Gold Corp. has filed a Follow-on Equity Offering in the amount of $50 million.

Recent updates

Third quarter 2024 earnings released: US$0.098 loss per share (vs US$0.015 loss in 3Q 2023)

CEO & Director recently bought CA$1.0m worth of stock

i-80 GOLD CORP Announces Chief Executive Officer Changes

Consensus revenue estimates decrease by 55%, EPS upgraded

Consensus revenue estimates decrease by 67%

i-80 Gold Corp. has filed a Follow-on Equity Offering in the amount of $50 million.

i-80 Gold Corp. has filed a Follow-on Equity Offering in the amount of $50 million.

i-80 Gold Corp.'s (TSE:IAU) Share Price Matching Investor Opinion

i-80 Gold Corp. Approves to Elect Cassandra Joseph as Director

i-80 Gold Corp. to Report Q1, 2024 Results on May 14, 2024

First quarter 2024 earnings released: US$0.051 loss per share (vs US$0.053 loss in 1Q 2023)

Independent Chairman of the Board recently bought CA$132k worth of stock

i-80 Gold Corp. has completed a Composite Units Offering in the amount of CAD 100.00155 million.

Why We're Not Concerned About i-80 Gold Corp.'s (TSE:IAU) Share Price

i-80 GOLD CORP. Announces High-Grade Results from Underground Drilling at Cove

CEO & Director exercised options to buy CA$241k worth of stock.

CEO & Director recently sold CA$255k worth of stock

Full year 2023 earnings released: US$0.24 loss per share (vs US$0.33 loss in FY 2022)

i-80 Gold Corp., Annual General Meeting, May 14, 2024

i-80 GOLD CORP. Announces Additional Results from 2023 Drilling in Helen Zone That Include Some of Best Results Receives To-Date from Underground Drilling Program at its 100%-Owned McCoy-Cove Property Located in Lander County, Nevada

I-80 Gold Announces High-Grade Results from Underground Drilling at Cove

i-80 Gold Corp. announced that it expects to receive CAD 18 million in funding

I-80 Gold Reports High-Grade Drill Results from the Fad Deposit At Ruby Hill

i-80 Gold Announces High-Grade Results from Hilltop Drilling At Ruby Hill

i-80 Gold Announces High-Grade Results from Hilltop Drilling At Ruby Hill

i-80 Gold Corp. Provides an Update on the Company's Exploration and Development Programs at its Granite Creek, Ruby Hill, McCoy-Cove and Lone Tree Properties

i-80 Gold Corp. Releases High-Grade Results from Underground Drilling At Granite Creek Including 31.1 G/T Au over 21.9 M, 37.9 G/T Au over 21.,6 M

i-80 Gold Corp. Reports Continued High-Grade Poly-Metallic Results from the Ongoing Drill Program at the Ruby Hill Property Located in Eureka County, Nevada

I-80 Gold Corp. Announces Positive Results from Ongoing Underground Drilling At the Company's 100%-Owned McCoy-Cove Property Located in Lander County, Nevada

Insider recently bought CA$98k worth of stock

An unknown buyer entered into a non-binding term sheet to acquire a minority interest in Ruby Hill Property in Eureka County, Nevada from i-80 Gold Corp. (TSX:IAU).

Third quarter 2023 earnings released: US$0.015 loss per share (vs US$0.047 loss in 3Q 2022)

i-80 Gold Corp. Provides Granite Creek Development and Exploration Update

i-80 Gold Corp.'s (TSE:IAU) Intrinsic Value Is Potentially 97% Above Its Share Price

New major risk - Revenue and earnings growth

i-80 Gold Corp. Announces High-Grade Results from Drilling at Ruby Hill Property Located in Eureka County, Nevada

i-80 Gold Corp. Announces New High-Grade Results from Underground Drilling At Cove

i-80 Gold Corp. Announces High-Grade Results from Drilling at Ruby Hill

i-80 Gold Corp. announced that it has received $4.588627 million in funding

Second quarter 2023 earnings released: US$0.06 loss per share (vs US$0.08 profit in 2Q 2022)

i-80 Gold Corp. Discovers High-Grade Gold-Sulphide Zone At Ruby Hill

i-80 Gold Corp. Provides Comprehensive Operations Update

i-80 Gold Corp. Announces Best Results To-date from Underground Drilling at Cove

I-80 Gold Corp. Announces Additional Positive Results from Underground Drilling At the 100%-Owned Mccoy-Cove Property Located in Lander County, Nevada

I-80 Gold Corp. Announces New High-Grade Results from Underground Drilling at Cove

I-80 Gold Corp. Announces New High-Grade Results from Underground Drilling at Cove

CEO & Director exercised options to buy CA$88k worth of stock.

i-80 Gold Intersects 12.3 g/t Au Over 10.7 m in New Target at Ruby Hill

i-80 Gold Corp. announced that it expects to receive $50 million in funding

i-80 Gold Corp. announced that it expects to receive $50 million in funding

i-80 Gold Launches 2023 Expanded Ruby Hill Drill Program

i-80 Gold Discovers Additional High-Grade Mineralization at Ruby Hill

Independent Director exercised options and sold CA$88k worth of stock

i-80 GOLD CORP. Announces Continued Positive Results from its Ongoing Drill Program at its 100%-Owned Ruby Hill Property Located in Eureka County, Nevada

i-80 Gold Corp Reports Bonanza-Grade CRD Mineralization from the First Follow-Up Holes At Recently Discovered Hilltop At Ruby Hill Property, Nevada

Investor sentiment improved over the past week

i-80 Gold Corp. Hilltop Discovery Yields Bonanza-Grade CRD Mineralization At Ruby Hill

Consensus forecasts updated

High number of new and inexperienced directors