Should You Sell i-80 Gold Corp (IAUX) And Go Away This Year?

i-80 Gold Corp (AMEX:IAUX) currently has a daily average trading volume of 3.10M but it saw 2739762 shares traded in last market. With a market cap of 388.36M USD, the company’s current market price of $1.24 came rising about 0.81 while comparing to the previous closing price of $1.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.67 and as low as $1.15.

Taking a look at 20-day trading activity of i-80 Gold Corp (IAUX) gives us an average price of $1.2315, while its current price level is -53.56% below from 52-week high level whereas it is 7.83% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.3288 while that of 200 days or SMA-200 reads an average of $1.5713. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.05% during that period while stretching the period over a month that increases to 6.16%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.28 which implies that the stock is in neutral territory.

Over the week, IAUX’s stock price is moving -2.36% down while it is -15.65% when we observe its performance for the past one month. Year-to-date it is -29.55% down and over the past year, the stock is showing a downside performance of -53.03%.

Currently, i-80 Gold Corp’s total number of outstanding shares is 298.50M. Company’s return on investment (ROI) stands at -11.35% and return on equity (ROE) at -17.16%. Stock’s beta reads 1.27. Stock has a price to book (P/B) ratio of 0.87 while price to sale or P/S ratio amounts to 7.07. Its return on asset (ROA) is -9.55% on average.