Market cap of i-80 Gold Corp [IAUX] reaches 423.43M – now what?

i-80 Gold Corp [AMEX: IAUX] stock went on a downward path that fall over -4.35% on Friday, amounting to a one-week price decrease of less than -0.90%.

Over the last 12 months, IAUX stock dropped by -37.85%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for the stock reached $423.43 million, with 384.94 million shares outstanding and 349.69 million shares in the current float. Compared to the average trading volume of 4.16M shares, IAUX stock reached a trading volume of 21616843 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on i-80 Gold Corp [IAUX]:

The Average True Range (ATR) for i-80 Gold Corp is set at 0.07, with the Price to Sales ratio for IAUX stock in the period of the last 12 months amounting to 7.75. The Price to Book ratio for the last quarter was 0.91, with the Price to Cash per share for the same quarter was set at 0.12.

IAUX Stock Performance Analysis:

i-80 Gold Corp [IAUX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.90. With this latest performance, IAUX shares gained by 1.85% in over the last four-week period, additionally sinking by -22.54% over the last 6 months – not to mention a drop of -37.85% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IAUX stock in for the last two-week period is set at 54.83, with the RSI for the last a single of trading hit 55.23, and the three-weeks RSI is set at 53.72 for i-80 Gold Corp [IAUX]. The present Moving Average for the last 50 days of trading for this stock 1.0341, while it was recorded at 1.1220 for the last single week of trading, and 1.2637 for the last 200 days.

Insight into i-80 Gold Corp Fundamentals:

i-80 Gold Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.44 and a Current Ratio set at 0.54.

i-80 Gold Corp [IAUX] Institutonal Ownership Details

There are presently around $56.62%, or 65.37%% of IAUX stock, in the hands of institutional investors. The top three institutional holders of IAUX stocks are: ORION RESOURCE PARTNERS LP with ownership of 25.92 million shares, which is approximately 8.4886%. MMCAP INTERNATIONAL INC. SPC, holding 18.97 million shares of the stock with an approximate value of $$19.84 million in IAUX stocks shares; and MMCAP INTERNATIONAL INC. SPC, currently with $$19.03 million in IAUX stock with ownership which is approximately 5.9064%.

Most Popular