i-80 Gold Corp (AMEX: IAUX): Think Like A Lender, Not An Investor

i-80 Gold Corp (AMEX:IAUX) currently has a daily average trading volume of 4.23M but it saw 2472874 shares traded in last market. With a market cap of 278.42M USD, the company’s current market price of $0.70 came falling about -5.93 while comparing to the previous closing price of $0.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.51 and as low as $0.34. In the recent trading on the day, stock has struck highest price mark of $0.7025 while lowest mark touched by it was $0.743.

Taking a look at 20-day trading activity of i-80 Gold Corp (IAUX) gives us an average price of $0.7252, while its current price level is -53.39% below from 52-week high level whereas it is 107.55% 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 $0.6515 while that of 200 days or SMA-200 reads an average of $0.8662. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.10% during that period while stretching the period over a month that increases to 7.90%. 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 51.17 which implies that the stock is in neutral territory.

Over the week, IAUX’s stock price is moving 1.03% up while it is -7.61% when we observe its performance for the past one month. Year-to-date it is 45.11% up and over the past year, the stock is showing a downside performance of -51.12%.

The company is expected to be releasing its next quarterly report in April, 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 11.28% of that held by the insiders while 39.49% 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 0.99. Stock has a price to book (P/B) ratio of 0.63 while price to sale or P/S ratio amounts to 5.26. Its return on asset (ROA) is -16.54% on average.