Analysts Set Expectations for i-80 Gold FY2025 Earnings

i-80 Gold Corp. (NYSE:IAUX) – Investment analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for i-80 Gold in a research note issued on Tuesday, April 1st. National Bank Financial analyst D. Demarco now expects that the company will earn ($0.05) per share for the year, up from their previous forecast of ($0.12). National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for i-80 Gold’s current full-year earnings is ($0.20) per share. National Bank Financial also issued estimates for i-80 Gold’s FY2025 earnings at ($0.05) EPS, FY2026 earnings at $0.01 EPS and FY2026 earnings at $0.01 EPS.

Other analysts also recently issued reports about the stock. Stifel Canada downgraded shares of i-80 Gold from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, December 30th. Cormark upgraded i-80 Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, March 7th. Two research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $3.50.

i-80 Gold Trading Down 6.9 %

Shares of i-80 Gold stock opened at $0.52 on Friday. i-80 Gold has a 52 week low of $0.34 and a 52 week high of $1.45. The company has a current ratio of 0.33, a quick ratio of 0.22 and a debt-to-equity ratio of 0.19. The business has a 50-day simple moving average of $0.66. The company has a market capitalization of $231.35 million, a PE ratio of -1.45 and a beta of 1.26.

Hedge Funds Weigh In On i-80 Gold

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of Montreal Can grew its holdings in shares of i-80 Gold by 6.5% during the fourth quarter. Bank of Montreal Can now owns 310,940 shares of the company’s stock valued at $149,000 after buying an additional 19,018 shares in the last quarter. Barclays PLC boosted its position in i-80 Gold by 3.3% during the 4th quarter. Barclays PLC now owns 623,979 shares of the company’s stock worth $302,000 after acquiring an additional 19,910 shares during the period. SG Americas Securities LLC grew its stake in i-80 Gold by 23.7% during the 4th quarter. SG Americas Securities LLC now owns 129,070 shares of the company’s stock valued at $63,000 after acquiring an additional 24,740 shares in the last quarter. ProShare Advisors LLC increased its holdings in shares of i-80 Gold by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 89,168 shares of the company’s stock valued at $43,000 after purchasing an additional 29,339 shares during the period. Finally, Mackenzie Financial Corp lifted its position in shares of i-80 Gold by 19.7% in the fourth quarter. Mackenzie Financial Corp now owns 178,714 shares of the company’s stock worth $86,000 after purchasing an additional 29,386 shares in the last quarter. 61.31% of the stock is currently owned by hedge funds and other institutional investors.

About i-80 Gold

i-80 Gold Corp. is a mining company, engages in the exploration, development and production of gold and silver mineral deposits principally in the United States. i-80 Gold Corp. is based in Reno, Nevada.