Closing Bell: I-80 Gold Corp down on Wednesday (IAU)

In trading today, I-80 Gold Corp shares opened at $1.23 and closed at $1.12. It traded at a low of $1.12 to a high of $1.23.

Share prices shrank -6.67% from the previous day's close of $1.20.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

I-80 Gold Corp traded under IAU on the Toronto Stock Exchange (TSX).

A total of 1,041,947 shares was traded during the session, with total trades of 871, with an average volume of 674,990 over the last 5 days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, IAU.TO has traded as high as $2.76 (August 30,2023) and low as $1.12 (August 07,2024). Moreover, the shares have shrunken -58.21% in the last 52 weeks, while this year, they have shrunken -51.93%.

Following today's trading, I-80 Gold Corp has a market capitalization of $461.88 million on a float of 384,897 shares outstanding. Its annual EPS is $-0.24.

I-80 Gold Corp is a TSX Gold company headquartered in Thunder Bay, CAN.

I-80 Gold Corp is holding an average recommendation of "Strong Buy" from 6.00 analysts according to Zacks. From those 6 analysts, 6 have buy ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..