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 4.40M but it saw 1843389 shares traded in last market. With a market cap of 381.47M USD, the company’s current market price of $1.03 came falling about -4.63 while comparing to the previous closing price of $1.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.05 and as low as $0.76. In the recent trading on the day, stock has struck highest price mark of $1.01 while lowest mark touched by it was $1.0501.

Taking a look at 20-day trading activity of i-80 Gold Corp (IAUX) gives us an average price of $0.9794, while its current price level is -49.75% below from 52-week high level whereas it is 34.80% 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 $1.0355 while that of 200 days or SMA-200 reads an average of $1.3030. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.03% during that period while stretching the period over a month that decreases to 7.78%. 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 51.83 which implies that the stock is in neutral territory.

Over the week, IAUX’s stock price is moving 8.68% up while it is -3.74% when we observe its performance for the past one month. Year-to-date it is -41.48% down and over the past year, the stock is showing a downside performance of -44.32%.

Currently, i-80 Gold Corp’s total number of outstanding shares is 370.36M with 13.39% of that held by the insiders while 56.68% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -16.03% and return on equity (ROE) at -19.88%. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 0.85 while price to sale or P/S ratio amounts to 6.98. Its return on asset (ROA) is -11.93% on average.