Cormark Upgrades i-80 Gold (NYSE:IAUX) to Hold

i-80 Gold (NYSE:IAUX) was upgraded by research analysts at Cormark to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Separately, National Bank Financial lowered shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th.

i-80 Gold Trading Down 10.6 %

Shares of NYSE IAUX opened at $0.35 on Thursday. i-80 Gold has a 12-month low of $0.34 and a 12-month high of $1.88.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. SG Americas Securities LLC boosted its position in shares of i-80 Gold by 271.7% during the second quarter. SG Americas Securities LLC now owns 42,993 shares of the company’s stock worth $46,000 after purchasing an additional 31,425 shares in the last quarter. Rathbones Group PLC bought a new stake in i-80 Gold during the second quarter worth $47,000. Murphy Pohlad Asset Management LLC boosted its stake in shares of i-80 Gold by 240.0% during the 3rd quarter. Murphy Pohlad Asset Management LLC now owns 51,000 shares of the company’s stock worth $59,000 after acquiring an additional 36,000 shares during the period. HTLF Bank boosted 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 worth $65,000 after buying an additional 15,000 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in shares of i-80 Gold during the third quarter worth $71,000.

i-80 Gold Corp. is a mining company in the Precious Metals industry.