i-80 Gold Balance Sheet Health

Financial Health criteria checks 4/6

i-80 Gold has a total shareholder equity of $426.3M and total debt of $179.8M, which brings its debt-to-equity ratio to 42.2%. Its total assets and total liabilities are $723.7M and $297.4M respectively.

Key information

42.2%

Debt to equity ratio

US$179.79m

Debt

Interest coverage ratio	n/a
Cash	US$16.28m
Equity	US$426.26m
Total liabilities	US$297.43m
Total assets	US$723.69m

Recent financial health updates

Recent updates

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

i-80 Gold's (TSE:IAU) Earnings Are Built On Soft Foundations

May 20

Financial Position Analysis

Short Term Liabilities: IAU's short term assets ($39.8M) do not cover its short term liabilities ($60.9M).

Long Term Liabilities: IAU's short term assets ($39.8M) do not cover its long term liabilities ($236.6M).

Debt to Equity History and Analysis

Debt Level: IAU's net debt to equity ratio (38.4%) is considered satisfactory.

Reducing Debt: IAU had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: IAU has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: IAU is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.

i-80 Gold Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

i-80 Gold Corp. COM Deleted from Other OTC

Recent updates

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

i-80 Gold Corp. Reports Results from the First Four Holes Drilled to Follow-Up the Recently Discovered Hilltop Zone

I-80 Gold Corp. Announces the Results of A Scoping Study Completed by Dra Americas Inc

I-80 Gold Corp. Intersects High-Grade Gold in Granite Creek Underground Drill Program

i-80 Gold Corp. to Report Q3, 2022 Results on Nov 09, 2022

Investor sentiment improved over the past week

Consensus forecasts updated

i-80 Gold Drilling Expands South Pacific Zone High-Grade at Granite Creek

i-80 Gold Corp. Discovers High-Grade Silver-Rich Crd Mineralization At Ruby Hill

I-80 Gold Reports High-Grade Gold in Drilling At Ruby Hill - 426 Zone

i-80 Gold Corp. to Report Q2, 2022 Results on Aug 10, 2022

i-80 GOLD CORP. Continues Positive Results from the Ongoing Underground Drill Program at its Granite Creek Mine Property in Humboldt County, Nevada

Investor sentiment improved over the past week

i-80 Gold Corp. Provides Update on Underground Development Program At McCoy-Cove

i-80 Gold Corp. Intersects 19.8 g/t Au Over 33.2 m in Southmost Step-Out Hole at Ruby Hill

CEO & Director recently bought CA$235k worth of stock

i-80 GOLD CORP. Announces Update on Shipping Ore from Operations At the Granite Creek Mine

CEO & Director recently bought CA$560k worth of stock

I-80 Gold Corp. Intersects High-Grade Gold in Drilling of the Ogee Zone At Granite Creek - Provides Initial Results from 2022 Underground Program

i-80 Gold Corp. Expands High-Grade Mineralization in the South Pacific Zone at Granite Creek

i-80 Gold's (TSE:IAU) Earnings Are Built On Soft Foundations

i-80 Gold Corp. COM Deleted from Other OTC

i-80 Gold Corp. Announces Positive Initial Drill Results from its Maiden Drill Program at the Ruby Hill Property located in Eureka County, Nevada

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

i-80 Gold Corp. Intersects High-Grade Gold in Initial Drilling of the Ogee Zone At Granite Creek

i-80 GOLD CORP. Drilling Returns Best Intercept To-Date in the South Pacific Zone At Granite Creek 16.3 G/T Au over 15.7M and 33.7 G/T over 3.7M in Hole iGS21-18

High number of new and inexperienced directors