Key Points
- Director John William Seaman purchased 20,000 shares on Dec. 9 at $1.30 (about $26,000), bringing his total to 346,942 shares (a 6.12% increase); he also bought 30,000 shares on Nov. 25 at $1.03 ($30,900).
- i-80 Gold stock opened at $1.43, trades with a 52‑week range of $0.48–$1.46, has 50‑day/200‑day moving averages of $1.06/$0.83, and a market capitalization near $1.14 billion.
- Institutional ownership is significant at about 61.31%, with several hedge funds and smaller investors recently initiating or increasing positions.
i-80 Gold Corp. (NYSE:IAUX - Get Free Report) Director John William Seaman purchased 20,000 shares of i-80 Gold stock in a transaction on Tuesday, December 9th. The shares were acquired at an average cost of $1.30 per share, for a total transaction of $26,000.00. Following the purchase, the director owned 346,942 shares in the company, valued at approximately $451,024.60. This trade represents a 6.12% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
John William Seaman also recently made the following trade(s):
- On Tuesday, November 25th, John William Seaman acquired 30,000 shares of i-80 Gold stock. The stock was acquired at an average cost of $1.03 per share, with a total value of $30,900.00.
i-80 Gold Stock Performance
i-80 Gold stock opened at $1.43 on Friday. The stock has a fifty day moving average price of $1.06 and a 200 day moving average price of $0.83. The company has a current ratio of 0.33, a quick ratio of 0.22 and a debt-to-equity ratio of 0.19. i-80 Gold Corp. has a 52 week low of $0.48 and a 52 week high of $1.46. The firm has a market capitalization of $1.14 billion, a P/E ratio of -3.97 and a beta of 1.22.
Institutional Investors Weigh In On i-80 Gold
Several hedge funds have recently modified their holdings of the stock. Heck Capital Advisors LLC acquired a new position in i-80 Gold during the third quarter worth approximately $28,000. Sovereign Financial Group Inc. grew its stake in shares of i-80 Gold by 87.9% during the 3rd quarter. Sovereign Financial Group Inc. now owns 31,245 shares of the company's stock valued at $30,000 after buying an additional 14,618 shares during the period. Banco BTG Pactual S.A. purchased a new stake in shares of i-80 Gold during the 2nd quarter valued at $25,000. Maia Wealth LLC purchased a new stake in shares of i-80 Gold during the 2nd quarter valued at $25,000. Finally, McAdam LLC increased its holdings in shares of i-80 Gold by 81.8% during the 2nd quarter. McAdam LLC now owns 53,422 shares of the company's stock worth $32,000 after buying an additional 24,040 shares during the last quarter. 61.31% of the stock is owned by institutional investors and hedge funds.
i-80 Gold Company Profile
(
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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