i-80 Gold Corp (IAU – Research Report), the Materials sector company, was revisited by a Wall Street analyst yesterday. The Materials company, i-80 Gold Corp (TSX: IAU) has just received a rating update from a Wall Street analyst.
According to TipRanks.com, Soock has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -15.2% and a 19.8% success rate. Soock covers the Basic Materials sector, focusing on stocks such as SilverCrest Metals, Bear Creek Mining, and Artemis Gold.
Currently, the analyst consensus on i-80 Gold Corp is a Strong Buy with an average price target of C$5.33, representing an 115.8% upside. In a report issued on September 11, RBC Capital also maintained a Buy rating on the stock with a C$4.50 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 Wednesday at C$2.35, close to its 52-week low of C$2.11.
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