i-80 Gold Corp. (IAUX) AI Stock Analysis

NYSE American: IAUXAI research summary: business, growth, valuation, analysts, bull and bear case.

IAUX AI stock analysis summary

AI Research

i-80 Gold Corp. (IAUX) is a Nevada-focused mining company engaged in the exploration, development, and production of gold and silver assets. While annual revenue expanded to $89.2M in FY2025, the company posted a net loss of -$174.6M and negative free cash flow of -$95.3M. Balance sheet liquidity remains supported by $464.6M in cash and short-term investments against total debt of $445.0M as of June 30, 2026.

Market cap
$1.32B
Revenue (TTM)
$130.0M
P/E
—
fwd 38.3x
1Y return
38.2%
S&P 500 16.8%
Avg. target
—

Bull case

  • Annual revenue rose 77.2% to $89.2M in FY2025, driven by ongoing project advancement across Nevada mining assets.
  • Cash and short-term investments reached $464.6M as of June 30, 2026, providing a current ratio of 8.63.
  • Analysts project revenue to grow 60.1% to $314.1M in the next fiscal year following an estimated $196.1M in FY2026.

Bear case

  • The company generated net losses of -$174.6M in FY2025 and an EPS of -$0.32 over the trailing twelve months.
  • Free cash flow remained negative at -$95.3M in FY2025 alongside negative operating cash flow of -$85.6M.
  • Share count expanded by 259.8% over five years, reflecting substantial equity dilution.

What i-80 Gold does

i-80 Gold Corp. is a Reno, Nevada-based mining company dedicated to the exploration, development, and production of gold and silver mineral deposits across the United States. Its asset portfolio includes the Lone Tree property covering approximately 12,000 acres in Battle Mountain-Eureka, the Ruby Hill property situated in the Battle Mountain Trend, and the McCoy-Cove project spanning 31,000 acres. The company also manages the Buffalo Mountain property in Northern Nevada and the Granite Creek Project in the Getchell Trend, advancing these diversified holdings toward production under sustainable mining practices.

Growth and profitability

Revenue increased from $2.9M in FY2021 to $89.2M in FY2025, posting a 77.2% gain in FY2025 following an 8.3% decline in FY2024. Profitability remains negative, with an operating margin of -98.7% and a net margin of -195.9% in FY2025, resulting in a net loss of -$174.6M and an EPS of -$0.31. For the trailing twelve months ended June 30, 2026, revenue stood at $130.0M with an operating margin of -140.2% and a profit margin of -198.8%. In the latest quarter ended June 30, 2026, quarterly revenue fell 12.5% year-over-year.

IAUX income statement →

Balance sheet and cash flow

As of June 30, 2026, i-80 Gold Corp. held $464.6M in cash and short-term investments and $445.0M in total debt, yielding net cash of $19.5M. The current ratio was 8.63, while the debt-to-equity ratio stood at 1.72 against shareholders' equity of $258.0M and total assets of $1.17B. Operating cash flow in FY2025 was -$85.6M, and capital expenditures were $9.6M, resulting in free cash flow of -$95.3M. The company's share count expanded by 259.8% over five years.

IAUX balance sheet →

Valuation and performance

Trading at $1.52 as of October 16, 2026, i-80 Gold Corp. has a market capitalization of $1.32B and an enterprise value of $1.51B. Its price-to-sales ratio of 10.1x and forward P/E of 38.3x compare to medians of 1.8x and 13.4x, respectively, for US-listed Basic Materials peers. The company's EV/EBITDA of 5.0x sits below the peer median of 10.5x. Over the past year, IAUX gained 38.2%, outperforming the S&P 500 (SPY) return of 16.8%, but its 5-year return of -43.9% trailed the index's 83.0% gain.

IAUX key metrics →

What analysts expect

Consensus estimates project revenue of $196.1M for the fiscal year ending December 31, 2026, and $314.1M for the following fiscal year, reflecting anticipated annual revenue growth of 60.1%. Over the last four quarters, the company recorded 0 EPS beats. The next earnings date is scheduled for November 11, 2026.

IAUX forecast and price target →

Key risks and what to watch

  • Operating margin was -140.2% over the trailing twelve months, showing sustained operational losses.
  • Total debt of $445.0M yields a debt-to-equity ratio of 1.72 on shareholders' equity of $258.0M.
  • Short interest sits at 10.9% of float alongside a high stock beta of 2.21.
  • Quarterly revenue fell 12.5% year-over-year in the latest quarter ended June 30, 2026.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this IAUX AI stock analysis

This page is an AI-written research summary of i-80 Gold Corp. (IAUX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: IAUX income statement, IAUX balance sheet, IAUX key metrics, IAUX analyst forecast, IAUX chart. See the IAUX stock overview for the latest quote and news.

IAUX AI stock analysis FAQ

What mining properties does i-80 Gold Corp. operate?

The company's primary assets in Nevada include the 12,000-acre Lone Tree property, the Ruby Hill property, the 31,000-acre McCoy-Cove project, the Buffalo Mountain property, and the Granite Creek Project.

Does i-80 Gold Corp. pay a dividend?

No, i-80 Gold Corp. does not pay a dividend.

What is the financial position and cash level of IAUX?

As of June 30, 2026, the company held $464.6M in cash and short-term investments, $445.0M in total debt, and net cash of $19.5M, with a current ratio of 8.63.

When is i-80 Gold Corp.'s next earnings release?

The company's next earnings date is scheduled for November 11, 2026.

More Basic Materials AI stock analysis