i-80 Gold Corp (IAU) AI Stock Analysis

• Market Cap: C$1.00B
• Dividend Yield: N/A
• Average Volume (3M): 1.09M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.80
• Revenue Growth: 70.93%
• EPS Growth: 39.27%
• Country: CA
• Employees: 109
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.06
• Shares Outstanding: 789,809,450
• 10 Day Avg. Volume: 1,431,698
• 30 Day Avg. Volume: 1,087,304
• PEG Ratio: -0.47
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 3.42
• P/FCF Ratio: -2.04
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$2.63
• Price Target Upside: 73.03% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: C$1.50 ▼(-1.32% Downside)

The overall stock score of 54 reflects strong technical momentum and positive project developments, but is heavily weighed down by poor financial performance and valuation concerns. The company's significant revenue growth is overshadowed by ongoing profitability and cash flow challenges, as well as a negative P/E ratio. While technical indicators are favorable, the stock's financial health and valuation present substantial risks.

Positive Factors

Revenue Growth

Strong revenue growth indicates successful project advancement and increased gold sales, which can enhance market position and future profitability.

Project Development

Advancements in key projects like Granite Creek and Archimedes enhance production capabilities and long-term growth potential.

Permitting Success

Securing necessary permits for Archimedes supports strategic expansion and operational readiness, contributing to future production increases.

Negative Factors

Profitability Challenges

Persistent negative margins highlight operational inefficiencies and high costs, which can hinder sustainable profitability and cash flow.

Net Loss

Ongoing net losses reflect the company's development stage and investment needs, posing risks to financial stability and shareholder returns.

Cash Flow Challenges

Negative cash flows indicate liquidity issues, potentially limiting the company's ability to fund new projects and manage operational costs effectively.

i-80 Gold Corp Business Overview & Revenue Model

Company Description

i-80 Gold Corp (IAU) is a gold exploration and development company based in North America, focused on acquiring and advancing gold projects in Nevada, a region known for its rich mineral resources. The company is engaged in exploring and developing gold mining projects that have the potential for significant production. i-80 Gold aims to create value for its shareholders through the development of its properties, which include a mix of advanced-stage development and exploration projects.

How the Company Makes Money

i-80 Gold Corp generates revenue primarily through the exploration and development of gold mining projects, with a focus on advancing its properties to production. The company benefits from various key revenue streams, including potential future gold production, joint ventures, and partnerships with other mining companies that may provide funding, technical expertise, or shared resources. Significant partnerships with established industry players can enhance i-80 Gold's operational capabilities and reduce exploration risks, ultimately contributing to its earnings as projects move closer to production and begin generating cash flow from gold sales.

i-80 Gold Corp Financial Statement Overview

Summary

i-80 Gold Corp shows strong revenue growth but struggles with profitability and cash flow management. The balance sheet reflects moderate leverage, yet the negative return on equity and cash flow issues indicate financial instability. The company needs to focus on improving operational efficiency and cash flow generation to enhance financial health.

Income Statement

The company has shown significant revenue growth of 36.9% in the TTM period, indicating strong top-line expansion. However, profitability remains a concern with negative gross, net, EBIT, and EBITDA margins, reflecting operational inefficiencies and high costs relative to revenue. The consistent negative margins suggest challenges in achieving profitability.

Balance Sheet

The debt-to-equity ratio has improved to 0.38 in the TTM period, indicating a moderate leverage level. However, the negative return on equity highlights the company's inability to generate positive returns for shareholders. The equity ratio is stable, suggesting a solid capital structure, but the negative ROE remains a significant concern.

Cash Flow

The company has a high free cash flow to net income ratio of 1.45, indicating efficient cash generation relative to net income. However, negative operating and free cash flows in the TTM period highlight liquidity challenges. The decline in free cash flow growth further emphasizes the need for improved cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	97.13M	50.34M	54.91M	36.96M	0.00	0.00
Gross Profit	5.52M	-15.72M	-5.14M	3.57M	-662.00K	-296.00K
EBITDA	-110.53M	-85.27M	-57.82M	-67.71M	97.65M	-5.99M
Net Income	-144.21M	-121.53M	-89.65M	-79.20M	88.22M	-2.92M
Balance Sheet
Total Assets	756.22M	655.63M	723.69M	641.96M	656.35M	0.00
Cash, Cash Equivalents and Short-Term Investments	102.87M	19.00M	16.28M	48.28M	87.66M	0.00
Total Debt	175.91M	191.40M	180.27M	115.88M	41.44M	70.60M
Total Liabilities	333.22M	314.96M	297.43M	308.55M	249.37M	159.77M
Stockholders Equity	423.00M	340.66M	426.26M	333.41M	406.98M	0.00
Cash Flow
Free Cash Flow	-47.75M	-84.52M	-94.13M	-96.06M	-19.02M	-3.13M
Operating Cash Flow	-43.88M	-82.50M	-54.62M	-45.84M	-13.01M	4.87M
Investing Cash Flow	-3.87M	-1.59M	-42.51M	-54.73M	-137.59M	-9.87M
Financing Cash Flow	106.98M	82.67M	65.16M	61.43M	222.90M	-6.55M

i-80 Gold Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.52
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IAU, the sentiment is Positive. The current price of 1.52 is above the 20-day moving average (MA) of 1.38, above the 50-day MA of 1.37, and above the 200-day MA of 1.03, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 60.97 is Neutral, neither overbought nor oversold. The STOCH value of 68.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:IAU.

i-80 Gold Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MKO	73 Outperform	C$566.33M	17.12	29.30%	―	45.36%	-14.35%
ELE	63 Neutral	C$486.67M	74.97	2.92%	―	131.18%	150.47%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
IAU	54 Neutral	C$1.00B	-3.01	-37.59%	―	70.93%	39.27%
ODV	44 Neutral	$984.82M	-3.59	-46.07%	―	-1.73%	37.26%
NFG	43 Neutral	$1.08B	―	-50.06%	―	―	28.06%

i-80 Gold Corp Corporate Events

i-80 Gold Corp Updates FAD Project Resource Estimate

On November 6, 2025, i-80 Gold Corp announced an updated high-grade mineral resource estimate for its FAD Project, confirming significant gold, silver, lead, and zinc mineralization. The project, located in northeastern Nevada, presents a substantial opportunity due to its high-grade nature and potential for further growth. However, the company considers it a non-core asset and is contemplating its sale to support recapitalization efforts. The announcement underscores the project’s potential impact on i-80 Gold’s operations and its strategic focus on advancing core gold projects.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

i-80 Gold Corp Unveils High-Grade Resource Estimate for FAD Project

i-80 Gold Corp announced a high-grade mineral resource estimate for its FAD Project, highlighting significant gold, silver, lead, and zinc mineralization. The project, located in Nevada, presents a substantial opportunity due to its high-grade nature and growth potential. Despite its potential, the FAD Project is considered non-core, and the company is contemplating its sale to support recapitalization objectives. The company remains focused on its core projects and aims to leverage the near-surface gold mineralization at the Gold Hill deposit through heap leaching at nearby facilities.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

i-80 Gold Corp Board Member Resigns for New Role

On October 21, 2025, Eva Bellissimo announced her resignation from i-80 Gold Corp‘s Board of Directors, effective October 31, 2025, to focus on her new role as National Practice Group Leader at McCarthy Tétrault LLP. Her departure is not due to any disagreements with the company. Bellissimo, who has been with the company since its inception in 2021, played a significant role in its corporate governance and growth. i-80 Gold plans to fill the vacancy to continue its development plan towards becoming a mid-tier gold producer in Nevada.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

i-80 Gold Corp. Announces Board Resignation of Eva Bellissimo

i-80 Gold Corp. announced the resignation of Eva Bellissimo from its Board of Directors, effective October 31, 2025, as she focuses on her expanded role at McCarthy Tétrault LLP. Bellissimo, who has been with the company since its inception and previously served as Chair of the Corporate Governance and Nominating Committee, has been praised for her valuable contributions to the company’s growth. The company plans to maintain a Board composition of at least seven seats and seeks a new candidate to help advance its development plan towards becoming a Nevada-focused mid-tier gold producer.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

i-80 Gold Corp Reports Promising Assay Results and Drilling Updates in Nevada

i-80 Gold Corp announced initial assay results from its Granite Creek Underground Project and provided an update on infill drilling at the Cove Project, both located in Nevada. The results indicate robust high-grade mineralization and potential for resource expansion, supporting the company’s geological model and advancing feasibility studies for both projects. These developments highlight the significant growth potential and resource conversion success across i-80 Gold’s Nevada portfolio, which could enhance its industry positioning and stakeholder value.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

i-80 Gold Corp Advances Archimedes Project with New Permits and Construction Start

i-80 Gold Corp has received necessary permits and commenced construction at its Archimedes project in Nevada, marking a significant step in its growth strategy. The project is expected to increase the company’s gold production significantly by 2028 and has substantial exploration potential, which could extend its mine life. The development plan includes ramping up operations at Granite Creek, constructing Archimedes, and refurbishing the Lone Tree processing facility, aiming for a substantial increase in annual gold output in the early 2030s.

The most recent analyst rating on (TSE:IAU) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page.

i-80 Gold Corp’s Optimistic Earnings Call Highlights

The recent earnings call for i-80 Gold Corp was marked by a cautiously optimistic sentiment, reflecting significant strides in financial fortification through an equity raise and ambitious plans for increased gold production. Despite these positive developments, the company acknowledged ongoing challenges, particularly with net losses and dewatering issues at Granite Creek. The overall tone was one of optimism, with a strong emphasis on future growth and development.