Mackenzie Financial Corp Has $123,000 Holdings in i-80 Gold Corp. (NYSEAMERICAN:IAUX)

Mackenzie Financial Corp boosted its holdings in shares of i-80 Gold Corp. (NYSEAMERICAN:IAUX) by 857.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 116,368 shares of the company’s stock after acquiring an additional 104,210 shares during the quarter. Mackenzie Financial Corp’s holdings in i-80 Gold were worth $123,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of IAUX. Norden Group LLC acquired a new stake in shares of i-80 Gold during the 1st quarter valued at about $43,000. SG Americas Securities LLC lifted its holdings in shares of i-80 Gold by 271.7% during the 2nd quarter. SG Americas Securities LLC now owns 42,993 shares of the company’s stock valued at $46,000 after buying an additional 31,425 shares during the last quarter. Rathbones Group PLC acquired a new stake in shares of i-80 Gold during the 2nd quarter valued at about $47,000. Catalina Capital Group LLC lifted its holdings in shares of i-80 Gold by 265.7% during the 1st quarter. Catalina Capital Group LLC now owns 44,145 shares of the company’s stock valued at $59,000 after buying an additional 32,075 shares during the last quarter. Finally, HTLF Bank lifted its holdings in shares of i-80 Gold by 33.3% during the 2nd quarter. HTLF Bank now owns 60,000 shares of the company’s stock valued at $65,000 after buying an additional 15,000 shares during the last quarter. 61.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, CIBC reduced their price target on i-80 Gold from $4.25 to $3.50 and set an “outperformer” rating for the company in a report on Wednesday, July 10th.

i-80 Gold Price Performance

Shares of IAUX stock opened at $1.11 on Tuesday. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 0.19. i-80 Gold Corp. has a twelve month low of $0.76 and a twelve month high of $1.88. The company has a market capitalization of $333.67 million, a P/E ratio of -4.76 and a beta of 1.42.

i-80 Gold (NYSEAMERICAN:IAUX) last issued its quarterly earnings results on Monday, August 12th. The company reported ($0.07) EPS for the quarter. The business had revenue of $7.18 million during the quarter. i-80 Gold had a negative return on equity of 21.06% and a negative net margin of 162.24%. Analysts anticipate that i-80 Gold Corp. will post -0.03 earnings per share for the current fiscal year.

About i-80 Gold

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.