It’s Not A Fantasy To Think That i-80 Gold Corp (IAUX) Has Big Future Potential

i-80 Gold Corp (AMEX:IAUX) currently has a daily average trading volume of 8.37M but it saw 18695541 shares traded in last market. With a market cap of 380.50M USD, the company’s current market price of $0.67 came rising about 19.42 while comparing to the previous closing price of $0.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.88 and as low as $0.34. In the recent trading on the day, stock has struck highest price mark of $0.5508 while lowest mark touched by it was $0.6734.

Taking a look at 20-day trading activity of i-80 Gold Corp (IAUX) gives us an average price of $0.8428, while its current price level is -64.48% below from 52-week high level whereas it is 96.90% 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 $1.0123 while that of 200 days or SMA-200 reads an average of $1.1302. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.60% during that period while stretching the period over a month that decreases to 11.77%. 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 39.95 which implies that the stock is in neutral territory.

Over the week, IAUX’s stock price is moving 70.55% up while it is -40.91% when we observe its performance for the past one month. Year-to-date it is -62.06% down and over the past year, the stock is showing a downside performance of -54.27%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $37.7M for current-quarter revenue.

Currently, i-80 Gold Corp’s total number of outstanding shares is 384.94M with 2.69% of that held by the insiders while 53.48% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -23.34% and return on equity (ROE) at -27.56%. Stock’s beta reads 1.09. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 7.19. Its return on asset (ROA) is -16.54% on average.