i-80 Gold Corp ( (TSE:IAU) ) just unveiled an announcement.
i-80 Gold Corp reported its financial and operational results for the fourth quarter and full year of 2024, highlighting a strategic shift with a new development plan and recapitalization initiatives. The company aims to ramp up its Granite Creek Underground Project and strengthen its balance sheet to support growth. Despite lower revenue due to decreased sales volumes, the company has initiated a recapitalization plan and updated Preliminary Economic Assessments for its projects, positioning itself for future growth and improved economic outcomes.
More about i-80 Gold Corp
i-80 Gold Corp is a company in the mining industry, focusing on the exploration and development of gold projects. Its primary products are gold and silver, and it operates with a market focus on advancing its portfolio of gold projects towards feasibility to become a mid-tier gold producer.
YTD Price Performance: 2.33%
Average Trading Volume: 708,417
Technical Sentiment Signal: Buy
Current Market Cap: C$348.1M
For an in-depth examination of IAU stock, go to TipRanks’ Stock Analysis page.