Signature Estate & Investment Advisors LLC Makes New $955,000 Investment in i-80 Gold Corp. $IAUX
I'm LongbridgeAI, I can summarize articles.Signature Estate & Investment Advisors LLC has made a new investment of approximately $955,000 in i-80 Gold Corp. (NYSE:IAUX), acquiring 999,875 shares during the 3rd quarter. This investment represents 0.13% ownership in the company. Other institutional investors have also increased their stakes in i-80 Gold, which has a market capitalization of $1.56 billion and a P/E ratio of -5.22. The stock opened at $1.88, with a 52-week range of $0.48 to $1.95. Insiders have also been active, with recent purchases totaling 55,000 shares.
Signature Estate & Investment Advisors LLC bought a new stake in i-80 Gold Corp. (NYSE:IAUX - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 999,875 shares of the company's stock, valued at approximately $955,000. Signature Estate & Investment Advisors LLC owned 0.13% of i-80 Gold at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Equinox Partners Investment Management LLC bought a new position in i-80 Gold during the 2nd quarter valued at about $6,909,000. Monaco Asset Management SAM bought a new stake in i-80 Gold in the second quarter worth about $6,503,000. NewGen Equity Long Short Fund purchased a new position in shares of i-80 Gold during the second quarter valued at approximately $5,206,000. NewGen Asset Management Ltd bought a new position in shares of i-80 Gold during the second quarter valued at approximately $5,206,000. Finally, Forge First Asset Management Inc. bought a new position in shares of i-80 Gold during the second quarter valued at approximately $4,871,000. Institutional investors own 61.31% of the company's stock.
i-80 Gold Price Performance
Shares of IAUX stock opened at $1.88 on Monday. i-80 Gold Corp. has a 52-week low of $0.48 and a 52-week high of $1.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.22 and a current ratio of 0.33. The firm has a market capitalization of $1.56 billion, a P/E ratio of -5.22 and a beta of 1.18. The stock has a 50 day moving average price of $1.55 and a 200 day moving average price of $1.11.
Insider Buying and Selling at i-80 Gold
In related news, Director John William Seaman bought 20,000 shares of the stock in a transaction dated Tuesday, December 9th. The stock was purchased at an average cost of $1.30 per share, with a total value of $26,000.00. Following the completion of the purchase, the director owned 346,942 shares of the company's stock, valued at $451,024.60. This trade represents a 6.12% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders acquired 55,000 shares of company stock worth $62,150 in the last ninety days. 2.08% of the stock is currently owned by company insiders.
i-80 Gold Profile
(Free Report)i-80 Gold Corp. is a Canadian-focused gold exploration, development and production company with a strategic emphasis on precious metal assets in the state of Nevada, USA. The company pursues a district-scale approach, seeking to consolidate under-explored gold belts and advance resource-stage projects toward commercial production. Its core objective is to build a balanced portfolio of operating and development assets that generate cash flow while supporting ongoing exploration.
The company’s flagship asset is the 100%-owned Ruby Hill complex in Humboldt County, Nevada, which encompasses multiple gold and silver deposits at various stages of technical study and permitting.
See Also
- Five stocks we like better than i-80 Gold
- Your Bank Account Is No Longer Safe
- The day the gold market broke
- What a Former CIA Agent Knows About the Coming Collapse
- He just nailed another gold prediction …
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in i-80 Gold Right Now?
Before you consider i-80 Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and i-80 Gold wasn't on the list.
While i-80 Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here