A Wall Street analyst has provided a review for the Materials company on September 11, but retained the same rating on the stock. The Materials company, i-80 Gold Corp (TSX: IAU) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Lam is a 1-star analyst with an average return of -4.8% and a 46.8% success rate. Lam covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Marathon Gold, and Equinox Gold.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for i-80 Gold Corp with a C$5.25 average price target.
i-80 Gold Corp is a gold producer and developer holding an organic pipeline of advanced-stage gold projects in the State of Nevada. It will focus on opportunities to expand production at South Arturo, advancing near-term production opportunities at Getchell, and completing permitting for the underground development plan for McCoy-Cove.
The company’s shares closed last Tuesday at C$2.46, close to its 52-week low of C$2.11.
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