Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
55.97M | 50.34M | 54.91M | 36.96M | 0.00 | 0.00 | Gross Profit |
-19.36M | -15.72M | -5.14M | 3.57M | -662.00K | -296.00K | EBIT |
-92.97M | -89.09M | -100.95M | -61.86M | 111.03M | -6.23M | EBITDA |
-111.34M | -85.27M | -57.82M | -61.82M | 97.65M | -6.33M | Net Income Common Stockholders |
-147.02M | -120.03M | -89.65M | -79.20M | 88.22M | -2.92M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
13.47M | 19.00M | 16.28M | 48.28M | 87.66M | ― | Total Assets |
658.97M | 655.63M | 723.69M | 641.96M | 656.35M | ― | Total Debt |
197.47M | 191.40M | 180.27M | 115.88M | 41.44M | 70.60M | Net Debt |
184.00M | 172.40M | 164.00M | 67.60M | -46.22M | 70.60M | Total Liabilities |
341.01M | 314.96M | 297.43M | 308.55M | 249.37M | 159.77M | Stockholders Equity |
317.96M | 340.66M | 426.26M | 333.41M | 406.98M | ― |
Cash Flow | Free Cash Flow | ||||
-81.71M | -84.52M | -94.13M | -96.06M | -19.02M | -3.13M | Operating Cash Flow |
-82.48M | -82.50M | -54.62M | -45.84M | -13.01M | 4.87M | Investing Cash Flow |
-4.26M | -1.59M | -42.51M | -54.73M | -137.59M | -9.87M | Financing Cash Flow |
83.72M | 82.67M | 65.16M | 61.43M | 222.90M | -6.55M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | C$423.04M | 11.93 | 39.70% | ― | 56.13% | 98.44% | |
72 Outperform | C$385.85M | 64.08 | 2.36% | ― | 109.11% | ― | |
61 Neutral | C$416.79M | ― | -20.94% | ― | -90.67% | 42.62% | |
59 Neutral | C$714.01M | ― | -38.15% | ― | -1.62% | -58.16% | |
51 Neutral | $2.03B | -1.27 | -21.09% | 3.98% | 2.91% | -30.50% | |
43 Neutral | $417.58M | ― | -75.61% | ― | ― | 41.94% |
i-80 Gold Corp. has successfully closed a private placement, raising US$11.12 million through the sale of 22,240,000 units. The funds, part of a larger US$184 million financing effort, will support the company’s development plans in Nevada. The participation of company insiders in this placement underscores confidence in i-80 Gold’s strategic direction and growth potential.
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.
i-80 Gold Corp. has increased the size of its previously announced bought deal financing due to excess demand, now issuing 320 million units at $0.50 each, raising $160 million in gross proceeds. This move underscores the company’s strong market position and investor confidence, as it continues to advance its strategic projects in Nevada, with the offering expected to close by May 16, 2025, pending regulatory approvals.
i-80 Gold Corp. has announced a US$135 million bought deal public offering of units, with National Bank Financial Inc. and Cormark Securities Inc. acting as co-bookrunners. The proceeds from this offering, which includes an option for underwriters to purchase additional units, will be used to support the company’s growth expenditures in Nevada and general corporate purposes. This strategic move is expected to bolster i-80 Gold’s development plans and strengthen its position in the gold mining industry, subject to necessary regulatory approvals.
i-80 Gold Corp reported its financial and operational results for the first quarter of 2025, highlighting significant progress in its Granite Creek Underground project, where improvements in dewatering efforts are expected to stabilize gold output by the second half of the year. The company is actively pursuing various financing options to support its recapitalization strategy, which aims to unlock the potential of its gold projects. Despite a net loss of $0.10 per share due to revaluation losses, i-80 Gold increased its revenue to $14 million, driven by higher gold sales and prices. The company is advancing its development plan with preliminary economic assessments for its projects, and has secured a $12 million working capital facility to enhance financial flexibility.
i-80 Gold Corp reported its first quarter 2025 financial results, highlighting progress in its Granite Creek Underground project with improved dewatering efforts and infrastructure upgrades. The company is actively pursuing financing options to support its recapitalization strategy, aiming to unlock the potential of its gold projects. Despite a quarterly loss, i-80 Gold increased revenue due to higher gold sales and prices, and continued to advance its development plan with preliminary economic assessments for its assets. The company also secured a working capital facility to enhance financial flexibility.
i-80 Gold Corp. has appointed Paul Chawrun as the new Chief Operating Officer, effective April 30, 2025. Chawrun brings over 30 years of experience in gold mining, having previously served in leadership roles at Centerra Gold and Teranga Gold. His expertise is expected to be instrumental in advancing i-80 Gold’s development plan, which aims to transform the company into a mid-tier gold producer. This strategic appointment comes at a pivotal time as the company seeks to leverage its high-grade resources and expand its operations in Nevada, potentially impacting its market positioning and growth trajectory.
i-80 Gold Corp. announced that Matthew Gili, the President and Chief Operating Officer, will be stepping down from his role, with CEO Richard Young assuming the President position temporarily. Gili, who has been instrumental since the company’s inception in 2021, contributed significantly to advancing the company’s projects, including the Granite Creek Underground project. The company has initiated a search for a new COO to continue its growth trajectory and maintain its development timelines, ensuring the transition does not disrupt its strategic objectives.
i-80 Gold Corp. has filed independent technical reports for its Cove, Ruby Hill, Granite Creek, and Lone Tree projects in Nevada. These reports, prepared in accordance with industry standards, support the company’s disclosures and highlight the economic potential of its mineral resources, reinforcing its strategic position in the gold mining industry.
i-80 Gold Corp reported its financial and operational results for the fourth quarter and full year of 2024, highlighting a strategic shift with a new development plan and recapitalization initiatives. The company aims to ramp up its Granite Creek Underground Project and strengthen its balance sheet to support growth. Despite lower revenue due to decreased sales volumes, the company has initiated a recapitalization plan and updated Preliminary Economic Assessments for its projects, positioning itself for future growth and improved economic outcomes.
i-80 Gold Corp. has announced an updated schedule for filing its technical reports and financial results for Q4 and the full year 2024. The company will file eight technical reports, including those for its Lone Tree property, on March 31, 2025, in compliance with relevant regulations. Additionally, as a new US domestic issuer, i-80 Gold will transition from IFRS to US GAAP and file its Form 10-K on the same date. A conference call and webcast to discuss the financial results will be held on April 1, 2025. This announcement underscores i-80 Gold’s commitment to transparency and regulatory compliance as it continues to develop its gold projects in Nevada.
i-80 Gold Corp. has finalized two third-party processing agreements for toll milling and ore sales of refractory and oxide material, effective until December 31, 2027. These agreements are crucial for advancing the development of two of the company’s underground gold mines and the refurbishment of its Lone Tree autoclave facility, which is expected to become the central processing hub for its mining operations. The completion of these agreements supports i-80 Gold’s strategic growth and operational efficiency in the competitive Nevada gold mining industry.