# i-80 Gold Corp. (IAU.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$2.47, market value C$2.1 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). i-80 Gold Corp. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 12.5×**. Each dollar of revenue is priced at 12.5×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 6.0×**. The shares trade at 6.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -11.8%** (5-yr avg -13.7%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: -11.9%**. i-80 Gold Corp. keeps -11.9% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -88.3%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -208.9%**. The company reported a net loss over the last twelve months.
- **Return on equity: -57.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -18.9%**. Return on all capital, debt included, is -18.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -33.3%**. Each dollar of assets produces -33.3% of profit.

## Growth
- **Revenue growth (1 yr): 89.1%** (3-yr 37.1%/yr). Revenue grew 89.1% over the last year.
- **EPS growth (1 yr): 11.8%**. Earnings per share rose 11.8%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.50**. Debt is 0.50 times equity, moderate leverage.
- **Net debt / EBITDA: net cash**. i-80 Gold Corp. holds more cash than debt.
- **Current ratio: 0.73** (quick 0.51). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 3.90**. A Z-score of 3.90 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. i-80 Gold Corp. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (6 analysts). 6 analysts cover i-80 Gold Corp.; the consensus is strong_buy, with an average price target of C$4.14 (+68% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 128.7%** (YTD 22.3%, 3-mo 23.5%). The shares are up 128.7% over twelve months including dividends.
- **From 52-week high: -18.7%** (112.0% above the low). Trading 19% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 56**. An RSI of 56 is neutral.
- **Beta (1 yr): 3.08** (volatility 65%). Beta of 3.08 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=IAU.TO · Page: https://foliofundamentals.com/stocks/iau.to

Not investment advice.