i-80 Gold (TSE:IAU) Posts Quarterly Earnings Results

i-80 Gold (TSE:IAU) issued its earnings results on Thursday. The company reported C($0.07) earnings per share for the quarter, FiscalAI reports. i-80 Gold had a negative return on equity of 27.76% and a negative net margin of 231.43%.The business had revenue of C$27.75 million for the quarter.

i-80 Gold Trading Up 1.1%

i-80 Gold stock opened at C$2.66 on Friday. i-80 Gold has a 52 week low of C$0.67 and a 52 week high of C$3.04. The company has a debt-to-equity ratio of 40.07, a quick ratio of 1.57 and a current ratio of 0.33. The firm has a market capitalization of C$2.20 billion, a price-to-earnings ratio of -12.09 and a beta of 1.88. The company has a 50 day moving average price of C$2.29 and a 200 day moving average price of C$1.64.

i-80 Gold Company Profile

i-80 Gold Corp. is a Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of four new open pit and underground mining operations that will ultimately process ore at the Company’s central Lone Tree complex that includes an Autoclave. The Company’s primary goal is to build a self-sustaining, mid-tier, mining company with a peer-best growth platform by employing a methodical, capital disciplined and staged approach to minimize risk while also assessing and monitoring for accretive growth opportunities.