No Stopping i-80 Gold Corp (AMEX: IAUX)’s Stock Surged?

The trading price of i-80 Gold Corp (AMEX:IAUX) floating higher at last check on Tuesday, May 15, closing at $1.23, 0.82% higher than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $2.41 and a 52-week low of $1.14.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

i-80 Gold Corp, whose market valuation is $385.22 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

On the technical side, indicators suggest IAUX has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

A quick review shows that IAUX’s price is currently 1.07% off the SMA20 and -6.22% off the SMA50. The RSI metric on the 14-day chart is currently showing 49.47, and weekly volatility stands at 5.48%. When measured over the past 30 days, the indicator reaches 5.52%. i-80 Gold Corp (AMEX:IAUX)’s beta value is currently sitting at 1.27, while the Average True Range indicator is currently displaying 0.07.

To see how i-80 Gold Corp stock has been performing today in comparison to its peers in the industry, here are the numbers: IAUX stock’s performance was 0.82% at last check in today’s session, and -46.75% in the past year.

An evaluation of the daily trading volume of i-80 Gold Corp (AMEX:IAUX) indicates that the 3-month average is 3.20 million.

Currently, records show that 298.50 million of the company’s shares remain outstanding. The insiders hold 25.86% of outstanding shares, whereas institutions hold 39.24%. However, since the stock’s price has seen -30.11% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

Most Popular