The Week Ahead: Are Investors Really Too Optimistic About i-80 Gold Corp (AMEX: IAUX)

i-80 Gold Corp (AMEX:IAUX) currently has a daily average trading volume of 4.26M but it saw 4120805 shares traded in last market. With a market cap of 279.54M USD, the company’s current market price of $0.63 came rising about 0.54 while comparing to the previous closing price of $0.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.44 and as low as $0.34. In the recent trading on the day, stock has struck highest price mark of $0.6146 while lowest mark touched by it was $0.6433.

Taking a look at 20-day trading activity of i-80 Gold Corp (IAUX) gives us an average price of $0.5821, while its current price level is -56.22% below from 52-week high level whereas it is 85.93% 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 $0.6639 while that of 200 days or SMA-200 reads an average of $0.8109. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.68% during that period while stretching the period over a month that increases to 8.00%. 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 53.51 which implies that the stock is in neutral territory.

Over the week, IAUX’s stock price is moving 2.85% up while it is -3.04% when we observe its performance for the past one month. Year-to-date it is 30.00% up and over the past year, the stock is showing a downside performance of -47.02%.

The company is expected to be releasing its next quarterly report on 2025-Mar-31, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, i-80 Gold Corp’s total number of outstanding shares is 409.79M with 11.28% of that held by the insiders while 38.84% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -23.79% and return on equity (ROE) at -30.65%. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 0.76 while price to sale or P/S ratio amounts to 5.55. Its return on asset (ROA) is -17.04% on average.