National Bank of Canada Begins Coverage on i-80 Gold (NYSEAMERICAN:IAUX)

National Bank of Canada assumed coverage on shares of i-80 Gold (NYSEAMERICAN:IAUXGet Rating) in a report published on Thursday morning, Benzinga reports. The firm issued an outperform rating and a $4.25 target price on the stock.

Separately, National Bank Financial started coverage on i-80 Gold in a research note on Wednesday. They set an outperform rating on the stock.

i-80 Gold Trading Up 6.3 %

Shares of i-80 Gold stock opened at 2.55 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.75 and a current ratio of 2.26. i-80 Gold has a 12 month low of 1.52 and a 12 month high of 3.28.

About i-80 Gold

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i-80 Gold Corp., a mining company, engages in the exploration, development, and production of gold and silver mineral deposits in the United States. It holds a 100% interest in the Lone Tree property covering an area of approximately 12,000 acres located in Battle Mountain-Eureka, Northern Nevada; Ruby Hill property located in Battle Mountain Trend, Northern Nevada; McCoy-Cove project covering 31,000 acres located in Battle Mountain Trend, Nevada; and Buffalo Mountain property located in Battle Mountain Trend, Northern Nevada as well as controls Granite Creek Project located in Getchell Trend, Northern Nevada.

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