National Bank Financial Analysts Cut Earnings Estimates for i-80 Gold Corp. (TSE:IAU)

i-80 Gold Corp. (TSE:IAU) – National Bank Financial lowered their FY2024 EPS estimates for i-80 Gold in a note issued to investors on Wednesday, October 9th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of ($0.29) for the year, down from their prior forecast of $0.25. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for i-80 Gold’s current full-year earnings is $0.03 per share. National Bank Financial also issued estimates for i-80 Gold’s FY2025 earnings at ($0.16) EPS and FY2026 earnings at ($0.11) EPS.

i-80 Gold (TSE:IAU) last issued its quarterly earnings results on Monday, August 12th. The company reported C($0.10) earnings per share (EPS) for the quarter. The company had revenue of C$9.83 million during the quarter. i-80 Gold had a negative return on equity of 19.88% and a negative net margin of 162.25%.

A number of other equities analysts also recently commented on IAU. Cibc World Mkts raised shares of i-80 Gold to a “strong-buy” rating in a report on Wednesday, July 10th. Stifel Nicolaus decreased their price objective on shares of i-80 Gold from C$4.10 to C$3.90 and set a “buy” rating for the company in a report on Wednesday, July 3rd.

i-80 Gold Stock Up 0.7 %

Shares of TSE:IAU opened at C$1.48 on Monday. The firm has a market cap of C$569.71 million, a PE ratio of -3.79 and a beta of 1.79. The company has a fifty day simple moving average of C$1.42 and a 200 day simple moving average of C$1.51. The company has a current ratio of 0.54, a quick ratio of 1.57 and a debt-to-equity ratio of 38.47. i-80 Gold has a 12-month low of C$1.05 and a 12-month high of C$2.48.

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.