Royal Bank of Canada initiated coverage on shares of i-80 Gold (OTCMKTS:IAUCF) in a research report sent to investors on Monday, The Fly reports. The firm issued an outperform rating on the stock.
A number of other equities analysts have also commented on IAUCF. Scotiabank boosted their price target on shares of i-80 Gold from C$3.75 to C$4.25 and gave the company an outperform rating in a research report on Wednesday, September 8th. Canaccord Genuity boosted their price target on shares of i-80 Gold from C$3.75 to C$5.50 and gave the company a buy rating in a research report on Wednesday, September 8th.
Shares of i-80 Gold stock opened at $2.36 on Monday. i-80 Gold has a twelve month low of $1.88 and a twelve month high of $2.83. The company’s 50-day simple moving average is $2.13.
i-80 Gold Corp., a mining company, engages in the exploration, development, and production of gold and silver mineral deposits in the United States. The company's flagship property is 40% owned South Arturo mine, which comprises 388 unpatented lode mining and mill-site claims that cover an area of approximately 4,909 acres of surface and mineral rights located in Elko County, Nevada.
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