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i-80 Gold Corp (TSE:IAU)
TSX:IAU
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.01Last Year’s EPS
-0.1Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 01, 2025
|% Change Since: -5.88%
|Next Earnings Date:May 12, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive strategic developments, such as new project assessments and financing initiatives, alongside production challenges and financial reporting adjustments. While there are significant positive steps towards future growth, current operational challenges and financial losses present a balanced view.Company Guidance
During the 2024 fourth quarter call, i-80 Gold Corp. provided guidance on their development plans and financial outlook. They announced the filing of preliminary economic assessments for five gold projects, with a combined net present value ranging from $1.6 billion at a gold price of $2,175 per ounce to $4.5 billion at $2,900 per ounce. They aim to produce between 30,000 to 40,000 ounces of gold in 2025, with significant contributions expected from the Granite Creek Underground and heap leach operations at Ruby Hill and Lone Tree. The company is advancing feasibility studies and a recapitalization plan, which includes potential senior debt facilities and other financing options. The anticipated capital expenditure for refurbishment of an autoclave is included, reflecting changes in toll milling agreements. Operationally, they achieved a loss time injury frequency rate of 1.27 and maintained a clean environmental record. Financially, i-80 transitioned to US GAAP reporting, with a net loss due to ongoing development activities. They secured new financing arrangements with National Bank of Canada and Aramet International to support near-term liquidity. The company targets producing 400,000 to 500,000 ounces per year by the early 2030s, emphasizing improvements in project economics and strategic planning for continued growth.New Development Plan and Economic Assessments
i-80 Gold Corp. announced a new development plan for its portfolio of three underground and two open pit gold projects. Preliminary economic assessments for these projects have been filed, indicating a combined net present value of $1.6 billion at $2,175 per ounce and $4.5 billion at $2,900 per ounce.
Safety and Environmental Compliance
The company achieved a loss time injury frequency rate of 1.27 and maintained a clean environmental record with no violation notices, marking the fourth consecutive year of compliance.
Financing Initiatives
i-80 Gold Corp. entered into new financial arrangements with National Bank of Canada and Aramet International to enhance liquidity and balance sheet flexibility, including a new gold and silver purchase agreement and a working capital facility for up to $12 million.
Production and Future Outlook
For 2025, the company expects to produce between 30,000 and 40,000 ounces of gold, with Granite Creek Underground contributing between 20,000 to 30,000 ounces and heap leach operations contributing approximately 10,000 ounces.
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TSE:IAU 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
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TSE:IAU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 01, 2025 | C$0.85 | C$0.83 | -2.35% |
| Nov 12, 2024 | C$1.26 | C$0.53 | -57.94% |
| Aug 12, 2024 | C$1.26 | C$1.25 | -0.79% |
| May 13, 2024 | C$1.58 | C$1.66 | +5.06% |
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.
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FAQ
When does i-80 Gold Corp (TSE:IAU) report earnings?
i-80 Gold Corp (TSE:IAU) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is i-80 Gold Corp (TSE:IAU) earnings time?
i-80 Gold Corp (TSE:IAU) earnings time is at May 12, 2025, TBA Not 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 TSE:IAU EPS forecast?
TSE:IAU EPS forecast for the fiscal quarter 2025 (Q1) is -0.01.
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