i-80 Gold (TSE:IAU) Price Target Lowered to C$3.90 at Stifel Nicolaus

i-80 Gold (TSE:IAU) had its price target lowered by Stifel Nicolaus from C$4.10 to C$3.90 in a research report sent to investors on Wednesday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

i-80 Gold Price Performance

IAU opened at C$1.45 on Wednesday. The stock has a fifty day moving average of C$1.54 and a 200-day moving average of C$1.81. The firm has a market capitalization of C$558.11 million, a P/E ratio of -4.39 and a beta of 1.89. i-80 Gold has a 12-month low of C$1.32 and a 12-month high of C$3.07. The company has a quick ratio of 1.57, a current ratio of 0.30 and a debt-to-equity ratio of 43.59.

i-80 Gold (TSE:IAU) last announced its quarterly earnings data on Monday, May 13th. The company reported C($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.05) by C($0.04). i-80 Gold had a negative return on equity of 17.16% and a negative net margin of 115.35%. The firm had revenue of C$11.34 million for the quarter. Equities analysts forecast that i-80 Gold will post 0.0264607 EPS for the current fiscal year.

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.