i-80 Gold Corp (IAUX) AI Stock Analysis

Company Guidance

Management expects 2026 production to be in the lower half of the guidance range, Granite Creek Underground to reach the lower half of its full-year production guidance range of 30,000-40,000 oz, operating costs to be at or below the low end of the guidance range, sustaining capital, growth capital, and pre-development expense to be at the low end of the guidance range, and exploration expenses to be below the guidance range. Archimedes’ first gold mine is expected in the fourth quarter of this year, with mining rates targeting somewhere in the range of 1,500 tons per day towards the end of 2027 versus a probable 700-800 range entering 2027; Lone Tree’s first gold pour is targeted for Q4 2027, with the $430 million capital estimate largely in line, labor costs approximately 5%-10% above original estimates, and approximately 20% of total contingency used at quarter end. The company plans to grow from a higher-cost 40,000-50,000 oz per year producer into a lower-cost 150,000-200,000 oz per year producer beginning in 2028, Mineral Point supports a medium-term target of 400,000-500,000 oz of gold equivalent production by the early 2030s, and Granite Creek Open Pit supports a longer-term target of 500,000-600,000 oz of annual gold production by the mid-2030s; in a perfect world, management would stockpile at least 200,000 tons before Lone Tree commissioning.