Ewan Downie - I 80 CEO Director

IAU Stock   0.87  0.01  1.14%   

Insider

Ewan Downie is CEO Director of i 80 Gold Corp
Age 57
Address 5190 Neil Road, Reno, NV, United States, 89502
Phone807 346 1390
Webhttps://www.i80gold.com

I 80 Management Efficiency

The company has return on total asset (ROA) of (0.0609) % which means that it has lost $0.0609 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2756) %, meaning that it generated substantial loss on money invested by shareholders. I 80's management efficiency ratios could be used to measure how well I 80 manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to drop to -0.09. In addition to that, Return On Capital Employed is likely to grow to -0.1. At this time, I 80's Non Current Assets Total are very stable compared to the past year. As of the 29th of November 2024, Non Currrent Assets Other is likely to grow to about 173 M, while Total Assets are likely to drop about 391.2 M.
i 80 Gold Corp has accumulated 180.27 M in total debt. Debt can assist I 80 until it has trouble settling it off, either with new capital or with free cash flow. So, I 80's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like i 80 Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IAU to invest in growth at high rates of return. When we think about I 80's use of debt, we should always consider it together with cash and equity.

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i 80 Gold Corp (IAU) is traded on Toronto Exchange in Canada and employs 116 people. I 80 is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

i 80 Gold Leadership Team

Elected by the shareholders, the I 80's board of directors comprises two types of representatives: I 80 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IAU. The board's role is to monitor I 80's management team and ensure that shareholders' interests are well served. I 80's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, I 80's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jacklynn Hunt, Corporate Secretary
Ewan Downie, CEO Director
Matthew HBComm, Executive Development
David Savarie, SVP Counsel
Ryan Snow, Chief Officer
Curtis Turner, VP Controller
Richard Young, CEO Director
Matthew Gili, President COO
Tyler CPG, Chief Geologist

IAU Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is I 80 a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with I 80

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if I 80 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in I 80 will appreciate offsetting losses from the drop in the long position's value.

Moving together with IAU Stock

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Moving against IAU Stock

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  0.57AMZN Amazon CDRPairCorr
  0.41GOOG Alphabet CDRPairCorr
  0.36NVDA NVIDIA CDRPairCorr
The ability to find closely correlated positions to I 80 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace I 80 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back I 80 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling i 80 Gold Corp to buy it.
The correlation of I 80 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as I 80 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if i 80 Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for I 80 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether i 80 Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of I 80's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of I 80 Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on I 80 Gold Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in i 80 Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Please note, there is a significant difference between I 80's value and its price as these two are different measures arrived at by different means. Investors typically determine if I 80 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I 80's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.