Financial Analysis: i-80 Gold (IAUX) versus Its Rivals

i-80 Gold (NYSE:IAUX) is one of 1,984 public companies in the “Metals & Mining” industry, but how does it weigh in compared to its peers? We will compare i-80 Gold to similar businesses based on the strength of its analyst recommendations, dividends, earnings, profitability, institutional ownership, valuation and risk.

Insider and Institutional Ownership

61.3% of i-80 Gold shares are owned by institutional investors. Comparatively, 16.1% of shares of all “Metals & Mining” companies are owned by institutional investors. 1.4% of i-80 Gold shares are owned by company insiders. Comparatively, 17.6% of shares of all “Metals & Mining” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares i-80 Gold and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
i-80 Gold	$130.76 million	-$65.20 million	-4.58
i-80 Gold Competitors	$4.77 billion	$278.94 million	-26.22

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

Analyst Recommendations

This is a summary of current ratings for i-80 Gold and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
i-80 Gold	0	0	1	0	3.00
i-80 Gold Competitors	6406	22609	32306	1801	2.47

i-80 Gold presently has a consensus price target of $2.75, indicating a potential upside of 93.66%. As a group, “Metals & Mining” companies have a potential upside of 27.85%. Given i-80 Gold’s stronger consensus rating and higher probable upside, equities research analysts plainly believe i-80 Gold is more favorable than its peers.

Volatility & Risk

i-80 Gold has a beta of 1.27, suggesting that its share price is 27% more volatile than the S&P 500. Comparatively, i-80 Gold’s peers have a beta of 0.96, suggesting that their average share price is 4% less volatile than the S&P 500.

Profitability

This table compares i-80 Gold and its peers’ 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	-1,164,884,689,320,590,400.00%	-52.78%	-2.01%

Summary

i-80 Gold beats its peers on 8 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.