Freedom Capital analyst Vitaly Kononov initiated coverage of i-80 Gold (IAUX) with a Buy rating and $2 price target The firm says the company provides exposure to gold through a “large, multi-asset portfolio located entirely in Nevada, one of the world’s most mining-friendly jurisdiction.”
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Read More on IAUX:
- i-80 Gold Secures $250 Million Gold Prepay, Completes $1 Billion Recapitalization
- i-80 Gold Raises US$287.5 Million in Upsized Convertible Notes to Fund Nevada Growth
- i-80 Gold Upsizes US$250 Million Convertible Notes to Fund Nevada Growth
- i-80 Gold prices upsized offering of $250M in convertible senior notes due 2031
- i-80 Gold to Raise Up to US$230 Million via Convertible Notes for Nevada Expansion
