Key Points
- Director Ronald Butler Jr. bought 17,730 shares on March 25 at $1.41 each (≈$24,999), raising his direct stake to 50,530 shares — a 54.05% increase in his ownership.
- Large institutional moves include AQR boosting its position by 1,345.4% and Goldman Sachs increasing holdings by 40.3%; overall institutional investors own 61.31% of i-80 Gold.
- IAUX opened at $1.58 with a 52‑week range of $0.48–$2.24, a market cap of about $1.36 billion and a negative P/E (-4.37), indicating volatile/speculative valuation.
i-80 Gold Corp. (NYSE:IAUX - Get Free Report) Director Ronald Butler, Jr. acquired 17,730 shares of the firm's stock in a transaction dated Wednesday, March 25th. The shares were acquired at an average price of $1.41 per share, for a total transaction of $24,999.30. Following the acquisition, the director directly owned 50,530 shares of the company's stock, valued at approximately $71,247.30. The trade was a 54.05% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
i-80 Gold Price Performance
IAUX stock opened at $1.58 on Friday. i-80 Gold Corp. has a 52-week low of $0.48 and a 52-week high of $2.24. The stock's fifty day simple moving average is $1.68 and its 200-day simple moving average is $1.46. The company has a quick ratio of 0.22, a current ratio of 0.33 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of -4.37 and a beta of 1.25.
Institutional Investors Weigh In On i-80 Gold
Several hedge funds have recently made changes to their positions in IAUX. AQR Capital Management LLC boosted its holdings in shares of i-80 Gold by 1,345.4% during the first quarter. AQR Capital Management LLC now owns 195,706 shares of the company's stock worth $114,000 after purchasing an additional 182,166 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of i-80 Gold by 40.3% during the first quarter. Goldman Sachs Group Inc. now owns 3,436,918 shares of the company's stock worth $2,000,000 after purchasing an additional 987,083 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of i-80 Gold during the second quarter worth $71,000. EverSource Wealth Advisors LLC boosted its holdings in shares of i-80 Gold by 19,522.9% during the second quarter. EverSource Wealth Advisors LLC now owns 64,167 shares of the company's stock worth $38,000 after purchasing an additional 63,840 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in shares of i-80 Gold during the second quarter worth $62,000. Institutional investors and hedge funds own 61.31% of the company's stock.
About i-80 Gold
(
Get Free Report)
i-80 Gold Corp. is a Canadian-focused gold exploration, development and production company with a strategic emphasis on precious metal assets in the state of Nevada, USA. The company pursues a district-scale approach, seeking to consolidate under-explored gold belts and advance resource-stage projects toward commercial production. Its core objective is to build a balanced portfolio of operating and development assets that generate cash flow while supporting ongoing exploration.
The company’s flagship asset is the 100%-owned Ruby Hill complex in Humboldt County, Nevada, which encompasses multiple gold and silver deposits at various stages of technical study and permitting.
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