i-80 Gold Corp. (NYSE:IAUX) Shares Bought by Barclays PLC

Barclays PLC grew its stake in i-80 Gold Corp. (NYSE:IAUX) by 117.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 604,069 shares of the company’s stock after acquiring an additional 325,664 shares during the quarter. Barclays PLC’s holdings in i-80 Gold were worth $701,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. General American Investors Co. Inc. purchased a new stake in shares of i-80 Gold in the third quarter valued at about $3,092,000. Renaissance Technologies LLC acquired a new position in i-80 Gold in the 2nd quarter valued at about $1,401,000. Van ECK Associates Corp grew its stake in shares of i-80 Gold by 16.3% in the 3rd quarter. Van ECK Associates Corp now owns 15,120,732 shares of the company’s stock valued at $17,086,000 after buying an additional 2,121,050 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of i-80 Gold by 111.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 180,621 shares of the company’s stock worth $210,000 after buying an additional 95,039 shares during the last quarter. Finally, Creative Planning purchased a new stake in shares of i-80 Gold during the 3rd quarter valued at approximately $119,000. Hedge funds and other institutional investors own 61.31% of the company’s stock.

i-80 Gold Price Performance

Shares of NYSE IAUX opened at $0.49 on Wednesday. i-80 Gold Corp. has a 52-week low of $0.34 and a 52-week high of $1.81. The company has a market capitalization of $147.29 million, a price-to-earnings ratio of -1.36 and a beta of 1.17. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.22 and a current ratio of 0.33.

Analyst Ratings Changes

IAUX has been the subject of several analyst reports. Cormark upgraded i-80 Gold to a “hold” rating in a research report on Thursday, November 14th. National Bank Financial cut i-80 Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Ventum Cap Mkts downgraded i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 13th. Finally, Cibc World Mkts cut shares of i-80 Gold from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 2nd. Four equities research analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $3.50.

About i-80 Gold

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.