i-80 Gold Corp (IAUX)
XASE:IAUX
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.07Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveys a predominantly positive operational and strategic outlook: the company completed a transformational recapitalization (> $1B), entered the quarter with strong liquidity (~$514M), delivered record revenue ($52M) and gross profit ($16.1M), materially increased production and sales (>100% growth in ounces sold/produced), and advanced multiple projects on schedule (Archimedes, Lone Tree refurbishment, large Mineral Point drill program). Near-term negatives include widening GAAP net losses driven by non-cash revaluations and financing costs, higher cash burn from operations, infrastructure hiccups (temporary power outage), payability constraints on oxide material (57% payability), and large near-term capital requirements and royalty obligations that will impact future cash flows. Overall, the positive operational progress, funding completeness, and clear project execution plans outweigh the near-term financial and operational headwinds.Company Guidance
Successful Recapitalization and Strong Liquidity
Completed recapitalization with total funded and committed proceeds of over $1.0 billion since May 2025 (includes $250M NSR with Franco-Nevada, $150M funded on gold prepay, and $287.5M unsecured convertible notes). Ended the quarter with approximately $514M cash balance, used to retire ~ $167M of legacy debt and provide funding certainty for Phase 1 and Phase 2.
Record Quarterly Revenue and Gross Profit
Total revenue increased to just over $52M from $14M in the prior year period (~+271%), driven by more than double the gold ounces sold and higher realized gold price (nearly $5,000/oz). Gross profit rose to $16.1M, a new company record and over 4x higher than prior year (~300%+ increase).
Material Production and Sales Growth
Company-wide gold production increased to ~10.8k ounces (from 5.2k; +107.7%) and gold sales to ~10.6k ounces (from 5.0k; +112%), reflecting improved mining/results and the finalized toll processing agreement. Granite Creek sulfide production more than tripled to ~8.9k ounces.
Projects Advancing on Schedule and On Budget
Archimedes underground development is ahead of schedule (~660 meters advanced in Q1; >20 ft/day, first gold expected Q4 with ramp through 2027). Lone Tree plant refurbishment received board approval, remains on plan for first gold pour by 2027, and cost tracking the December 2025 estimate of $430M including a 12% contingency.
Significant Exploration and Resource Development Programs
Largest drill program in company history initiated: Mineral Point ~131k meters planned with 4 rigs on-site and 3 additional rigs imminent. Upper Archimedes completed >7.5k meters over 35 holes with high-grade intercepts and potential expansion of oxide opportunity.
Operational Issues Being Resolved (Granite Creek)
Water inflows at Granite Creek are 'largely behind us' with long-term solutions (second water treatment plant) on track for June; team implemented solutions and development rates have improved with recent decline and ramp rates exceeding plan.
Feasibility / Prefeasibility Study Milestones in Near-Term
Expecting feasibility studies for three underground projects and prefeasibility studies for two large open pit oxide projects over this year and next, supporting planned production growth to ~150k–200k oz/year by 2028 (from ~50k oz guidance for current year).
Strategic Monetization and Financing Arrangements
Franco-Nevada NSR ($250M; $225M received at closing) and a gold prepay facility provide non-dilutive and near-term financing; convertible notes were well oversubscribed, demonstrating investor demand for the recapitalization.
IAUX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IAUX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $1.59 | $1.56 | -1.89% |
Feb 19, 2026 | $1.95 | $1.88 | -3.59% |
Nov 12, 2025 | $1.00 | $1.02 | +2.20% |
Aug 13, 2025 | $0.58 | $0.58 | -0.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does i-80 Gold Corp (IAUX) report earnings?
i-80 Gold Corp (IAUX) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is i-80 Gold Corp (IAUX) earnings time?
i-80 Gold Corp (IAUX) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IAUX EPS forecast?
IAUX EPS forecast for the fiscal quarter 2026 (Q2) is -0.04.