Analyzing i-80 Gold (IAUX) & The Competition

i-80 Gold (NYSE:IAUX) is one of 114 public companies in the “Gold & silver ores” industry, but how does it weigh in compared to its competitors? We will compare i-80 Gold to similar companies based on the strength of its institutional ownership, profitability, earnings, risk, analyst recommendations, valuation and dividends.

Insider and Institutional Ownership

61.3% of i-80 Gold shares are held by institutional investors. Comparatively, 34.9% of shares of all “Gold & silver ores” companies are held by institutional investors. 7.1% of shares of all “Gold & silver ores” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current ratings for i-80 Gold and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
i-80 Gold	0	3	0	1	2.50
i-80 Gold Competitors	1161	3701	4525	131	2.38

i-80 Gold currently has a consensus target price of $3.50, indicating a potential upside of 512.96%. As a group, “Gold & silver ores” companies have a potential upside of 37.70%. Given i-80 Gold’s stronger consensus rating and higher probable upside, research analysts clearly believe i-80 Gold is more favorable than its competitors.

Valuation & Earnings

This table compares i-80 Gold and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
i-80 Gold	$52.94 million	-$65.20 million	-1.59
i-80 Gold Competitors	$4.72 billion	-$71.11 million	-17.34

i-80 Gold’s competitors have higher revenue, but lower earnings than i-80 Gold. i-80 Gold is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Risk and Volatility

i-80 Gold has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500. Comparatively, i-80 Gold’s competitors have a beta of 0.95, suggesting that their average share price is 5% less volatile than the S&P 500.

Profitability

This table compares i-80 Gold and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
i-80 Gold	-231.43%	-21.18%	-12.67%
i-80 Gold Competitors	-59.27%	4.68%	3.68%

Summary

i-80 Gold beats its competitors on 7 of the 13 factors compared.

i-80 Gold Company Profile

i-80 Gold Corp. is a mining company, engages in the exploration, development and production of gold and silver mineral deposits principally in the United States. i-80 Gold Corp. is based in Reno, Nevada.