Analysts Offer Predictions for i-80 Gold Corp.’s FY2024 Earnings (TSE:IAU)

i-80 Gold Corp. (TSE:IAU) – Stock analysts at National Bank Financial issued their FY2024 earnings per share (EPS) estimates for i-80 Gold in a report issued on Wednesday, May 1st. National Bank Financial analyst D. Demarco anticipates that the company will post earnings of $0.25 per share for the year. 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 $0.52 EPS and FY2026 earnings at $0.47 EPS.

i-80 Gold (TSE:IAU) last issued its quarterly earnings data on Tuesday, March 12th. The company reported C($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.05) by C($0.05). The company had revenue of C$35.18 million during the quarter. i-80 Gold had a negative net margin of 118.73% and a negative return on equity of 17.16%.

i-80 Gold Trading Down 2.9 %

TSE:IAU opened at C$1.65 on Monday. The company’s 50 day moving average is C$1.81 and its 200-day moving average is C$1.96. The company has a quick ratio of 1.57, a current ratio of 0.65 and a debt-to-equity ratio of 42.29. i-80 Gold has a 12 month low of C$1.56 and a 12 month high of C$3.44. The firm has a market cap of C$635.09 million, a price-to-earnings ratio of -5.00 and a beta of 1.87.

Insider Buying and Selling

In other news, Director John A. Begeman sold 25,000 shares of i-80 Gold stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of C$1.75, for a total value of C$43,750.00. In related news, Director John Seaman sold 28,000 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$2.00, for a total value of C$55,916.00. Also, Director John A. Begeman sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of C$1.75, for a total transaction of C$43,750.00. Insiders have sold 73,000 shares of company stock worth $136,866 in the last quarter. 19.41% of the stock is currently owned by company insiders.

i-80 Gold Company Profile

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.