Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $0.55 in the prior trading day, i-80 Gold Corp (AMEX: IAUX) closed at $0.56, up 0.93%. In other words, the price has increased by $0.93 from its previous closing price. On the day, 3.19 million shares were traded. IAUX stock price reached its highest trading level at $0.5748 during the session, while it also had its lowest trading level at $0.5551.
Ratios:
Our goal is to gain a better understanding of IAUX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.33. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.19.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IAUX now has a Market Capitalization of 228010112 and an Enterprise Value of 379684896. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.15 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 7.171 whereas that against EBITDA is -5.656.
Stock Price History:
The Beta on a monthly basis for IAUX is 1.11, which has changed by -0.6846591 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, IAUX has reached a high of $1.78, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -2.53%, while the 200-Day Moving Average is calculated to be -42.50%.
Shares Statistics:
The stock has traded on average 9.60M shares per day over the past 3-months and 3052180 shares per day over the last 10 days, according to various share statistics. A total of 396.43M shares are outstanding, with a floating share count of 317.86M. Insiders hold about 19.65% of the company’s shares, while institutions hold 41.70% stake in the company. Shares short for IAUX as of 1735603200 were 39340676 with a Short Ratio of 4.10, compared to 1732838400 on 34738758.
