i-80 Gold Corp. (TSE:IAU – Free Report) has seen its FY2024 EPS estimates lowered by National Bank Financial. Analyst D. Demarco now expects earnings of ($0.29), previously forecasted at $0.25. The stock currently holds a “Hold” rating, with consensus estimates predicting $0.03 EPS for the year. Future estimates include ($0.16) for FY2025 and ($0.11) for FY2026.
The latest quarterly report from i-80 Gold, released on August 12th, showed an EPS of C($0.10) and revenues of C$9.83 million. The company reported a negative return on equity of 19.88% and a net margin of -162.25%.
Other analysts recently rated i-80 Gold as well. CIBC World Markets upgraded it to “strong-buy” and Stifel Nicolaus reduced its price target from C$4.10 to C$3.90, maintaining a “buy” rating.
i-80 Gold Stock Up 0.7%
i-80 Gold shares opened at C$1.48 on Monday, with a market cap of C$569.71 million, a PE ratio of -3.79, and a beta of 1.79. Its 50-day and 200-day moving averages are C$1.42 and C$1.51, respectively. The shares have seen a low of C$1.05 and a high of C$2.48 in the past year.
About i-80 Gold
(Get Free Report) i-80 Gold Corp. is a mining company focused on gold, silver, and polymetallic deposits in the U.S., mainly in Nevada.
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