Kohmann Bosshard Financial Services LLC boosted its stake in i-80 Gold Corp. (NYSE:IAUX – Free Report) by 490.9% in the fourth quarter, Holdings Channel reports. The firm owned 65,000 shares of the company’s stock after purchasing an additional 54,000 shares during the quarter. Kohmann Bosshard Financial Services LLC’s holdings in i-80 Gold were worth $32,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. McAdam LLC raised its stake in i-80 Gold by 388.5% in the fourth quarter. McAdam LLC now owns 64,747 shares of the company’s stock valued at $31,000 after purchasing an additional 51,493 shares in the last quarter. Maia Wealth LLC acquired a new position in i-80 Gold during the fourth quarter worth about $34,000. Stratos Wealth Advisors LLC acquired a new position in i-80 Gold during the fourth quarter worth about $48,000. SG Americas Securities LLC raised its stake in i-80 Gold by 23.7% during the fourth quarter. SG Americas Securities LLC now owns 129,070 shares of the company’s stock worth $63,000 after acquiring an additional 24,740 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new position in i-80 Gold during the third quarter worth about $71,000. Institutional investors and hedge funds own 61.31% of the company’s stock.
Analysts Set New Price Targets
IAUX has been the subject of several research analyst reports. Cormark raised i-80 Gold to a “hold” rating in a research note on Thursday, November 14th. Ventum Cap Mkts downgraded i-80 Gold from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 13th. Cibc World Mkts downgraded i-80 Gold from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 2nd. National Bank Financial raised i-80 Gold from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Finally, Stifel Canada downgraded i-80 Gold from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, December 30th. Three research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat, i-80 Gold has an average rating of “Moderate Buy” and a consensus target price of $3.50.
i-80 Gold Trading Down 0.5 %
NYSE:IAUX opened at $0.77 on Tuesday. The company has a market capitalization of $338.46 million, a PE ratio of -2.14 and a beta of 1.29. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.22 and a current ratio of 0.33. The business’s 50-day moving average price is $0.61. i-80 Gold Corp. has a 1-year low of $0.34 and a 1-year high of $1.64.
i-80 Gold Company Profile
i-80 Gold Corp. is a mining company, engages in the exploration, development and production of gold and silver mineral deposits principally in the United States. i-80 Gold Corp. is based in Reno, Nevada.
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