8,699,284 Shares in i-80 Gold Corp. $IAUX Purchased by NewGen Equity Long Short Fund

NewGen Equity Long Short Fund acquired a new position in shares of i-80 Gold Corp. (NYSE:IAUX) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 8,699,284 shares of the company’s stock, valued at approximately $5,206,000. i-80 Gold accounts for approximately 3.1% of NewGen Equity Long Short Fund’s holdings, making the stock its 13th largest holding. NewGen Equity Long Short Fund owned about 1.07% of i-80 Gold at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in IAUX. Clear Harbor Asset Management LLC increased its position in shares of i-80 Gold by 48.5% in the second quarter. Clear Harbor Asset Management LLC now owns 53,655 shares of the company’s stock worth $32,000 after acquiring an additional 17,533 shares in the last quarter. McAdam LLC grew its position in i-80 Gold by 81.8% during the 2nd quarter. McAdam LLC now owns 53,422 shares of the company’s stock worth $32,000 after purchasing an additional 24,040 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in i-80 Gold by 257.6% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 67,018 shares of the company’s stock valued at $40,000 after purchasing an additional 48,279 shares during the period. Atria Wealth Solutions Inc. purchased a new stake in shares of i-80 Gold in the first quarter valued at $59,000. Finally, Rathbones Group PLC boosted its position in shares of i-80 Gold by 113.8% in the first quarter. Rathbones Group PLC now owns 112,740 shares of the company’s stock worth $66,000 after buying an additional 60,000 shares during the period. 61.31% of the stock is currently owned by institutional investors and hedge funds.

i-80 Gold Stock Up 4.0%

Shares of i-80 Gold stock opened at $1.05 on Wednesday. i-80 Gold Corp. has a 1 year low of $0.45 and a 1 year high of $1.15. The company has a market cap of $840.05 million, a P/E ratio of -2.92 and a beta of 1.26. The company has a current ratio of 0.33, a quick ratio of 0.22 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average price of $0.97 and a 200 day moving average price of $0.75.

i-80 Gold 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.