i-80 Gold Corp (IAU) AI Stock Analysis

• Market Cap: C$1.21B
• Dividend Yield: N/A
• Average Volume (3M): 1.09M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.79
• Revenue Growth: 44.23%
• EPS Growth: -6.22%
• Country: CA
• Employees: 109
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.10
• Shares Outstanding: 789,809,450
• 10 Day Avg. Volume: 1,431,698
• 30 Day Avg. Volume: 1,087,304
• PEG Ratio: -0.47
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 3.42
• P/FCF Ratio: -2.04
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$2.63
• Price Target Upside: 96.27% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 53 Neutral
• Price Target: C$1.00 ▼(-25.37% Downside)

The overall stock score reflects a mixed financial performance with strong revenue growth but significant profitability and cash flow challenges. Technical analysis shows positive momentum, while valuation metrics are weak due to ongoing losses. The earnings call provided a cautiously optimistic outlook, but operational challenges remain.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for the company's products and successful expansion efforts, enhancing its market position.

Production Expansion Plans

Ambitious production expansion plans suggest a strategic focus on scaling operations, which could significantly increase market share and revenue.

Equity Raise

The equity raise enhances financial flexibility, providing capital for growth initiatives and improving liquidity, which supports long-term strategic goals.

Negative Factors

Profitability Challenges

Negative margins reflect operational inefficiencies and high costs, posing challenges to achieving sustainable profitability and financial health.

Cash Flow Issues

Persistent cash flow issues can strain operations and limit the company's ability to invest in growth, impacting long-term viability.

Dewatering Challenges

Dewatering challenges could delay project timelines, increasing costs and affecting the company's ability to meet production targets.

i-80 Gold Corp Business Overview & Revenue Model

Company Description

i-80 Gold Corp (IAU) is a gold exploration and development company based in North America, focused on acquiring and advancing gold projects in Nevada, a region known for its rich mineral resources. The company is engaged in exploring and developing gold mining projects that have the potential for significant production. i-80 Gold aims to create value for its shareholders through the development of its properties, which include a mix of advanced-stage development and exploration projects.

How the Company Makes Money

i-80 Gold Corp generates revenue primarily through the exploration and development of gold mining projects, with a focus on advancing its properties to production. The company benefits from various key revenue streams, including potential future gold production, joint ventures, and partnerships with other mining companies that may provide funding, technical expertise, or shared resources. Significant partnerships with established industry players can enhance i-80 Gold's operational capabilities and reduce exploration risks, ultimately contributing to its earnings as projects move closer to production and begin generating cash flow from gold sales.

i-80 Gold Corp Financial Statement Overview

Summary

i-80 Gold Corp shows strong revenue growth but struggles with profitability and cash flow management. The balance sheet reflects moderate leverage, yet the negative return on equity and cash flow issues indicate financial instability. The company needs to focus on improving operational efficiency and cash flow generation to enhance financial health.

Income Statement

The company has shown significant revenue growth of 36.9% in the TTM period, indicating strong top-line expansion. However, profitability remains a concern with negative gross, net, EBIT, and EBITDA margins, reflecting operational inefficiencies and high costs relative to revenue. The consistent negative margins suggest challenges in achieving profitability.

Balance Sheet

The debt-to-equity ratio has improved to 0.38 in the TTM period, indicating a moderate leverage level. However, the negative return on equity highlights the company's inability to generate positive returns for shareholders. The equity ratio is stable, suggesting a solid capital structure, but the negative ROE remains a significant concern.

Cash Flow

The company has a high free cash flow to net income ratio of 1.45, indicating efficient cash generation relative to net income. However, negative operating and free cash flows in the TTM period highlight liquidity challenges. The decline in free cash flow growth further emphasizes the need for improved cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	76.62M	50.34M	54.91M	36.96M	0.00	0.00
Gross Profit	-2.09M	-15.72M	-5.14M	3.57M	-662.00K	-296.00K
EBITDA	-105.35M	-85.27M	-57.82M	-61.82M	97.65M	-6.33M
Net Income	-140.41M	-121.53M	-89.65M	-79.20M	88.22M	-2.92M
Balance Sheet
Total Assets	782.88M	655.63M	723.69M	641.96M	656.35M	―
Cash, Cash Equivalents and Short-Term Investments	133.69M	19.00M	16.28M	48.28M	87.66M	―
Total Debt	175.81M	191.40M	180.27M	115.88M	41.44M	70.60M
Total Liabilities	319.34M	314.96M	297.43M	308.55M	249.37M	159.77M
Stockholders Equity	463.54M	340.66M	426.26M	333.41M	406.98M	―
Cash Flow
Free Cash Flow	-68.94M	-84.52M	-94.13M	-96.06M	-19.02M	-3.13M
Operating Cash Flow	-62.26M	-82.50M	-54.62M	-45.84M	-13.01M	4.87M
Investing Cash Flow	-7.13M	-1.59M	-42.51M	-54.73M	-137.59M	-9.87M
Financing Cash Flow	156.92M	82.67M	65.16M	61.43M	222.90M	-6.55M

i-80 Gold Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.34
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IAU, the sentiment is Positive. The current price of 1.34 is below the 20-day moving average (MA) of 1.39, above the 50-day MA of 1.28, and above the 200-day MA of 0.98, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 49.43 is Neutral, neither overbought nor oversold. The STOCH value of 38.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:IAU.

i-80 Gold Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MKO	―	C$616.79M	18.64	36.44%	―	39.98%	-10.55%
ELE	―	C$547.35M	84.32	2.53%	―	131.19%	―
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
IAU	―	C$1.21B	―	-32.13%	―	44.23%	-6.22%
ODV	―	$1.05B	-3.82	-25.37%	―	-67.69%	46.98%
NFG	―	C$709.67M	―	-54.44%	―	―	41.09%

i-80 Gold Corp Corporate Events

i-80 Gold Corp Board Member Resigns for New Role

On October 21, 2025, Eva Bellissimo announced her resignation from i-80 Gold Corp‘s Board of Directors, effective October 31, 2025, to focus on her new role as National Practice Group Leader at McCarthy Tétrault LLP. Her departure is not due to any disagreements with the company. Bellissimo, who has been with the company since its inception in 2021, played a significant role in its corporate governance and growth. i-80 Gold plans to fill the vacancy to continue its development plan towards becoming a mid-tier gold producer in Nevada.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

i-80 Gold Corp. Announces Board Resignation of Eva Bellissimo

i-80 Gold Corp. announced the resignation of Eva Bellissimo from its Board of Directors, effective October 31, 2025, as she focuses on her expanded role at McCarthy Tétrault LLP. Bellissimo, who has been with the company since its inception and previously served as Chair of the Corporate Governance and Nominating Committee, has been praised for her valuable contributions to the company’s growth. The company plans to maintain a Board composition of at least seven seats and seeks a new candidate to help advance its development plan towards becoming a Nevada-focused mid-tier gold producer.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

i-80 Gold Corp Reports Promising Assay Results and Drilling Updates in Nevada

i-80 Gold Corp announced initial assay results from its Granite Creek Underground Project and provided an update on infill drilling at the Cove Project, both located in Nevada. The results indicate robust high-grade mineralization and potential for resource expansion, supporting the company’s geological model and advancing feasibility studies for both projects. These developments highlight the significant growth potential and resource conversion success across i-80 Gold’s Nevada portfolio, which could enhance its industry positioning and stakeholder value.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

i-80 Gold Corp Advances Archimedes Project with New Permits and Construction Start

i-80 Gold Corp has received necessary permits and commenced construction at its Archimedes project in Nevada, marking a significant step in its growth strategy. The project is expected to increase the company’s gold production significantly by 2028 and has substantial exploration potential, which could extend its mine life. The development plan includes ramping up operations at Granite Creek, constructing Archimedes, and refurbishing the Lone Tree processing facility, aiming for a substantial increase in annual gold output in the early 2030s.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

i-80 Gold Corp’s Optimistic Earnings Call Highlights

The recent earnings call for i-80 Gold Corp was marked by a cautiously optimistic sentiment, reflecting significant strides in financial fortification through an equity raise and ambitious plans for increased gold production. Despite these positive developments, the company acknowledged ongoing challenges, particularly with net losses and dewatering issues at Granite Creek. The overall tone was one of optimism, with a strong emphasis on future growth and development.

i-80 Gold Corp Reports Strong Q2 2025 Results and Project Developments

i-80 Gold Corp reported its second-quarter 2025 results, highlighting significant financial and operational improvements. The company achieved a substantial increase in revenue and gold sales, driven by higher gold prices and increased production at its Granite Creek and Lone Tree projects. The completion of equity financing has enabled the advancement of key development initiatives, including the Lone Tree autoclave refurbishment study and underground development at Archimedes. The company is actively working on feasibility studies and permitting efforts to support its goal of producing over 600,000 ounces of gold annually by the early 2030s.

The most recent analyst rating on (TSE:IAU) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.