Oxbow Advisors LLC Takes Position in i-80 Gold Corp. (NYSEAMERICAN:IAUX)

Oxbow Advisors LLC bought a new position in shares of i-80 Gold Corp. (NYSEAMERICAN:IAUXFree Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 94,935 shares of the company’s stock, valued at approximately $127,000.

Several other large investors have also added to or reduced their stakes in the business. Van ECK Associates Corp grew its stake in i-80 Gold by 8.2% during the fourth quarter. Van ECK Associates Corp now owns 10,901,905 shares of the company’s stock worth $19,187,000 after purchasing an additional 828,832 shares during the period. Equinox Partners Investment Management LLC lifted its holdings in shares of i-80 Gold by 51.5% in the fourth quarter. Equinox Partners Investment Management LLC now owns 7,739,954 shares of the company’s stock valued at $13,618,000 after purchasing an additional 2,631,954 shares in the last quarter. Bleakley Financial Group LLC lifted its holdings in shares of i-80 Gold by 466.6% in the fourth quarter. Bleakley Financial Group LLC now owns 182,321 shares of the company’s stock valued at $321,000 after purchasing an additional 150,141 shares in the last quarter. Simplicity Solutions LLC lifted its holdings in shares of i-80 Gold by 466.6% in the fourth quarter. Simplicity Solutions LLC now owns 182,321 shares of the company’s stock valued at $321,000 after purchasing an additional 150,141 shares in the last quarter. Finally, Aristides Capital LLC bought a new position in shares of i-80 Gold in the fourth quarter valued at approximately $283,000. Institutional investors and hedge funds own 61.31% of the company’s stock.

i-80 Gold Trading Up 1.8 %

Shares of NYSEAMERICAN IAUX traded up $0.02 during midday trading on Friday, reaching $1.15. The company had a trading volume of 785,471 shares, compared to its average volume of 3,428,175. i-80 Gold Corp. has a one year low of $0.96 and a one year high of $2.33. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.30 and a quick ratio of 0.17.

i-80 Gold (NYSEAMERICAN:IAUXGet Free Report) last released its earnings results on Monday, May 13th. The company reported ($0.07) earnings per share for the quarter. i-80 Gold had a negative net margin of 115.35% and a negative return on equity of 20.42%. The company had revenue of $8.41 million during the quarter. Research analysts expect that i-80 Gold Corp. will post 0.05 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, CIBC decreased their target price on i-80 Gold from $4.25 to $3.50 and set an “outperformer” rating for the company in a research report on Wednesday.

View Our Latest Research Report on IAUX

About i-80 Gold

(Free Report)

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.

Read More

Want to see what other hedge funds are holding IAUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for i-80 Gold Corp. (NYSEAMERICAN:IAUXFree Report).

Institutional Ownership by Quarter for i-80 Gold (NYSEAMERICAN:IAUX)

Receive News & Ratings for i-80 Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for i-80 Gold and related companies with MarketBeat.com's FREE daily email newsletter.