Spotting A Winner: i-80 Gold Corp (AMEX: IAUX) Advances 1.27 And It Still Have Room To Run

money audit

i-80 Gold Corp (AMEX:IAUX) currently has a daily average trading volume of 9.55M but it saw 1757017 shares traded in last market. With a market cap of 217.58M USD, the company’s current market price of $0.55 came rising about 1.27 while comparing to the previous closing price of $0.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.78 and as low as $0.34. In the recent trading on the day, stock has struck highest price mark of $0.5353 while lowest mark touched by it was $0.56.

Taking a look at 20-day trading activity of i-80 Gold Corp (IAUX) gives us an average price of $0.5596, while its current price level is -69.10% below from 52-week high level whereas it is 62.19% 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 $0.5573 while that of 200 days or SMA-200 reads an average of $0.9554. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.59% during that period while stretching the period over a month that increases to 7.17%. 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 46.44 which implies that the stock is in neutral territory.

Over the week, IAUX’s stock price is moving 1.21% up while it is 3.85% when we observe its performance for the past one month. Year-to-date it is 13.40% up and over the past year, the stock is showing a downside performance of -65.62%.

The company is expected to be releasing its next quarterly report in February, 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 396.43M with 12.15% of that held by the insiders while 51.00% 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 1.10. Stock has a price to book (P/B) ratio of 0.49 while price to sale or P/S ratio amounts to 4.11. Its return on asset (ROA) is -16.54% on average.