i-80 Gold Corp ( (TSE:IAU) ) has provided an update.
i-80 Gold Corp. announced the expiration of its at-the-market equity program, which was initially set up to provide financial flexibility for growth. The company remains in a trading blackout and is engaging with debt providers to advance its recapitalization plan, aiming to maximize shareholder value. Additionally, i-80 Gold plans to file Preliminary Economic Assessments for its five gold projects by the end of March 2025, highlighting the significant value of its gold portfolio.
More about i-80 Gold Corp
i-80 Gold Corp. is a Nevada-focused mining company aiming to become a mid-tier gold producer by advancing its high-quality asset portfolio. It is the fourth largest gold mineral resource holder in Nevada, with projects strategically located in the state’s prolific gold-producing trends. The company plans to leverage its fully permitted central processing facility following refurbishment.
YTD Price Performance: 6.98%
Average Trading Volume: 703,825
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$363.9M
Find detailed analytics on IAU stock on TipRanks’ Stock Analysis page.