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 9.68M but it saw 8267352 shares traded in last market. With a market cap of 196.32M USD, the company’s current market price of $0.49 came rising about 0.77 while comparing to the previous closing price of $0.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.80 and as low as $0.34. In the recent trading on the day, stock has struck highest price mark of $0.4804 while lowest mark touched by it was $0.5109.

Taking a look at 20-day trading activity of i-80 Gold Corp (IAUX) gives us an average price of $0.5360, while its current price level is -73.13% below from 52-week high level whereas it is 43.03% 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 $0.7221 while that of 200 days or SMA-200 reads an average of $1.0240. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.69% during that period while stretching the period over a month that increases to 7.53%. 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 36.24 which implies that the stock is in neutral territory.

Over the week, IAUX’s stock price is moving -5.00% down while it is -23.00% when we observe its performance for the past one month. Year-to-date it is -72.44% down and over the past year, the stock is showing a downside performance of -72.44%.

Currently, i-80 Gold Corp’s total number of outstanding shares is 396.43M. Company’s return on investment (ROI) stands at -23.34% and return on equity (ROE) at -27.56%. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 0.44 while price to sale or P/S ratio amounts to 3.71. Its return on asset (ROA) is -16.54% on average.