i-80 Gold (IAUX) versus Its Rivals Critical Review

i-80 Gold (NYSE:IAUX) is one of 114 public companies in the “Gold & silver ores” industry, but how does it contrast to its competitors? We will compare i-80 Gold to similar companies based on the strength of its valuation, risk, institutional ownership, dividends, earnings, profitability and analyst recommendations.

Institutional and Insider Ownership

61.3% of i-80 Gold shares are held by institutional investors. Comparatively, 34.9% of shares of all “Gold & silver ores” companies are held by institutional investors. 7.1% of shares of all “Gold & silver ores” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares i-80 Gold and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
i-80 Gold	$54.91 million	-$65.20 million	-1.51
i-80 Gold Competitors	$1.58 billion	-$71.11 million	-19.10

i-80 Gold’s competitors have higher revenue, but lower earnings than i-80 Gold. i-80 Gold is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares i-80 Gold and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
i-80 Gold	-231.43%	-21.18%	-12.67%
i-80 Gold Competitors	-59.17%	4.75%	3.73%

Volatility & Risk

i-80 Gold has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500. Comparatively, i-80 Gold’s competitors have a beta of 0.95, suggesting that their average share price is 5% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings for i-80 Gold and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
i-80 Gold	0	3	0	1	2.50
i-80 Gold Competitors	1167	3717	4533	131	2.38

i-80 Gold currently has a consensus price target of $3.50, indicating a potential upside of 544.45%. As a group, “Gold & silver ores” companies have a potential upside of 29.92%. Given i-80 Gold’s stronger consensus rating and higher possible upside, equities research analysts plainly believe i-80 Gold is more favorable than its competitors.

Summary

i-80 Gold beats its competitors on 7 of the 13 factors compared.

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.