SG Americas Securities LLC Boosts Stock Holdings in i-80 Gold Corp. (NYSEAMERICAN:IAUX)

SG Americas Securities LLC lifted its stake in shares of i-80 Gold Corp. (NYSEAMERICAN:IAUX) by 142.7% during the third quarter, Holdings Channel reports. The fund owned 104,330 shares of the company’s stock after acquiring an additional 61,337 shares during the period. SG Americas Securities LLC’s holdings in i-80 Gold were worth $121,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Norden Group LLC purchased a new position in i-80 Gold in the first quarter valued at $43,000. Catalina Capital Group LLC increased its holdings in i-80 Gold by 265.7% in the first quarter. Catalina Capital Group LLC now owns 44,145 shares of the company’s stock valued at $59,000 after buying an additional 32,075 shares during the last quarter. Oxbow Advisors LLC purchased a new position in i-80 Gold in the first quarter valued at $127,000. Price T Rowe Associates Inc. MD increased its holdings in i-80 Gold by 28.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 58,013 shares of the company’s stock valued at $78,000 after buying an additional 12,737 shares during the last quarter. Finally, Tidal Investments LLC purchased a new position in i-80 Gold in the first quarter valued at $10,746,000. Hedge funds and other institutional investors own 61.31% of the company’s stock.

Analyst Upgrades and Downgrades

IAUX has been the subject of several research analyst reports. CIBC decreased their price objective on shares of i-80 Gold from $4.25 to $3.50 and set an “outperformer” rating for the company in a research note on Wednesday, July 10th. National Bank Financial downgraded shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 9th.

i-80 Gold Stock Performance

NYSEAMERICAN IAUX opened at $1.08 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.54 and a quick ratio of 0.44. i-80 Gold Corp. has a 1 year low of $0.76 and a 1 year high of $1.88. The firm has a market capitalization of $324.65 million, a price-to-earnings ratio of -4.00 and a beta of 1.43.

i-80 Gold (NYSEAMERICAN:IAUX) last released its quarterly earnings data on Monday, August 12th. The company reported ($0.07) earnings per share (EPS) for the quarter. i-80 Gold had a negative net margin of 162.24% and a negative return on equity of 21.06%. The company had revenue of $7.18 million during the quarter. As a group, analysts predict that i-80 Gold Corp. will post -0.16 EPS for the current year.

i-80 Gold Company Profile

i-80 Gold Corp., a mining company, explores for, develops, and produces gold, silver, and polymetallic deposits in the United States. The Company's principal assets are the McCoy-Cove gold properties located in Lander County, Nevada; the Granite Creek gold project located in Humboldt County, Nevada; the Lone Tree project located within the Battle Mountain-Eureka Trend, Nevada; and the Ruby Hill mine in Eureka County, Nevada.