Insider Buying: i-80 Gold Corp. (TSE:IAU) Senior Officer Acquires 11,500 Shares of Stock

i-80 Gold Corp. (TSE:IAU) Senior Officer David Roger Savarie acquired 11,500 shares of the company’s stock in a transaction on Monday, November 25th. The shares were acquired at an average cost of C$0.92 per share, for a total transaction of C$10,580.00.

David Roger Savarie also recently made the following trade(s):

• On Wednesday, November 20th, David Roger Savarie purchased 10,150 shares of i-80 Gold stock. The shares were acquired at an average price of C$0.77 per share, for a total transaction of C$7,815.50.
• On Monday, November 18th, David Roger Savarie bought 10,000 shares of i-80 Gold stock. The shares were acquired at an average cost of C$0.60 per share, for a total transaction of C$6,000.00.
• On Friday, November 15th, David Roger Savarie purchased 17,500 shares of i-80 Gold stock. The stock was bought at an average cost of C$0.51 per share, with a total value of C$8,925.00.

i-80 Gold Price Performance

Shares of i-80 Gold stock opened at C$0.92 on Thursday. The firm has a market capitalization of C$354.14 million, a PE ratio of -2.36 and a beta of 1.79. i-80 Gold Corp. has a 12 month low of C$0.47 and a 12 month high of C$2.48. The business’s 50-day moving average price is C$1.34 and its 200-day moving average price is C$1.41. The company has a current ratio of 0.54, a quick ratio of 1.57 and a debt-to-equity ratio of 38.47.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on IAU. Ventum Cap Mkts cut i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. National Bank Financial cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Finally, Cormark upgraded shares of i-80 Gold to a “hold” rating in a research report on Thursday, November 14th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$3.90.

i-80 Gold Company Profile

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.