Key Points
- Director John William Seaman bought 30,000 shares on Nov. 25 at an average price of $1.03 ($30,900), increasing his stake to 326,942 shares—a 10.10% rise.
- IAUX shares were up about 5.8% to $1.09 on heavy volume, valuing the company near $872 million with a 52-week range of $0.48–$1.15.
- Institutional investors own 61.31% of the stock, with major increases from Sprott Inc. and Pale Fire Capital, which hold roughly 19.7M and 17.0M shares, respectively.
i-80 Gold Corp. (NYSE:IAUX - Get Free Report) Director John William Seaman acquired 30,000 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was acquired at an average cost of $1.03 per share, for a total transaction of $30,900.00. Following the completion of the transaction, the director directly owned 326,942 shares in the company, valued at $336,750.26. This represents a 10.10% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
i-80 Gold Stock Up 5.8%
Shares of IAUX stock traded up $0.06 during mid-day trading on Thursday, hitting $1.09. The company's stock had a trading volume of 7,612,026 shares, compared to its average volume of 5,917,144. The stock has a market cap of $872.05 million, a price-to-earnings ratio of -3.03 and a beta of 1.26. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.22 and a current ratio of 0.33. i-80 Gold Corp. has a 52-week low of $0.48 and a 52-week high of $1.15. The business has a 50-day moving average price of $0.98 and a 200 day moving average price of $0.77.
Hedge Funds Weigh In On i-80 Gold
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Atria Wealth Solutions Inc. purchased a new position in shares of i-80 Gold during the first quarter valued at approximately $59,000. Nuveen LLC bought a new stake in shares of i-80 Gold in the first quarter worth $416,000. Rathbones Group PLC grew its holdings in shares of i-80 Gold by 113.8% in the first quarter. Rathbones Group PLC now owns 112,740 shares of the company's stock worth $66,000 after acquiring an additional 60,000 shares during the period. Sprott Inc. increased its position in i-80 Gold by 15.0% during the first quarter. Sprott Inc. now owns 19,700,922 shares of the company's stock valued at $11,633,000 after acquiring an additional 2,575,661 shares during the last quarter. Finally, Pale Fire Capital SE lifted its holdings in i-80 Gold by 66.8% in the first quarter. Pale Fire Capital SE now owns 16,981,095 shares of the company's stock valued at $9,880,000 after acquiring an additional 6,801,325 shares during the period. Institutional investors own 61.31% of the company's stock.
About i-80 Gold
(
Get Free Report)
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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