Look Past The Setbacks And Give i-80 Gold Corp (AMEX: IAUX) Another Chance

i-80 Gold Corp (AMEX:IAUX) currently has a daily average trading volume of 3.97M but it saw 16199507 shares traded in last market. With a market cap of 442.68M USD, the company’s current market price of $1.15 came falling about -2.54 while comparing to the previous closing price of $1.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.89 and as low as $0.76. In the recent trading on the day, stock has struck highest price mark of $1.12 while lowest mark touched by it was $1.23.

Taking a look at 20-day trading activity of i-80 Gold Corp (IAUX) gives us an average price of $1.0464, while its current price level is -39.15% below from 52-week high level whereas it is 50.50% 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 $1.0347 while that of 200 days or SMA-200 reads an average of $1.2665. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.58% during that period while stretching the period over a month that decreases to 5.40%. 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 60.38 which implies that the stock is in neutral territory.

Over the week, IAUX’s stock price is moving 8.49% up while it is 8.49% when we observe its performance for the past one month. Year-to-date it is -34.66% down and over the past year, the stock is showing a downside performance of -36.11%.

Currently, i-80 Gold Corp’s total number of outstanding shares is 384.94M. Company’s return on investment (ROI) stands at -16.03% and return on equity (ROE) at -19.88%. Stock’s beta reads 1.19. Stock has a price to book (P/B) ratio of 0.95 while price to sale or P/S ratio amounts to 8.10. Its return on asset (ROA) is -11.93% on average.