i-80 Gold Third Quarter 2024 Earnings: US$0.098 loss per share (vs US$0.015 loss in 3Q 2023)

i-80 Gold (TSE:IAU) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$11.5m (down 13% from 3Q 2023).
• Net loss: US$38.1m (loss widened by US$33.9m from 3Q 2023).
• US$0.098 loss per share (further deteriorated from US$0.015 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

i-80 Gold Earnings Insights

Looking ahead, revenue is forecast to grow 62% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 64% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for i-80 Gold you should be aware of, and 2 of them are potentially serious.

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