Much more borrowing than peers.Debt is 1.7× equity vs a peer median of 0.4×.Debt is 1.7× equity vs peers 0.4×.
Debt is 1.7× shareholders' equity, against a peer median of 0.4×, among the highest 10% of its peer group.Debt is 1.7× shareholders' equity, vs peers 0.4×, among the highest 10% of its peer group.
Operating margin improving. Operating margin -131% in 2025, the best of the last 4 years, but the dollar loss grew to $124M from $89M.
i-80 Gold still lost money on operations in 2025. Revenue grew faster than costs, so the margin (-131%) was its best in the 4 years of filings we have, but the operating loss itself grew to $124M from $89M.
Growing fast, still losing money. Revenue grew faster than 95% of peers, at an operating loss.
Revenue grew faster than 95% of peers, but the business runs at an operating loss (margin -112%).
More volatile share price. Beta 2.21: tends to move more than the market.
i-80 Gold's shares have swung more with the market than most peers' (beta 2.21, above the market's 1.0).
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-23.0%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.00Sector median: 0.0364 · MAD: 0.0364
EBITDA yield-10.1%
Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -1.64Sector median: 0.0854 · MAD: 0.0520
Free cash flow yield-16.5%
SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.00Sector median: 0.0261 · MAD: 0.0261
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
Earnings per share growthUnavailable
The loss per share widened33% base weight · Z-score -1.09Sector median: 0.0941 · MAD: 0.3300
3-year revenue growth37.1%
Yahoo Finance fallback · SEC figure unavailable or out of date · 3 fiscal years to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score 4.13Sector median: -0.0005 · MAD: 0.0725
Revenue growth69.7%
SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score 5.97Sector median: 0.0335 · MAD: 0.0952
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about i-80 Gold
Is i-80 Gold getting weaker?
Its latest SEC filing (Aug 10, 2026) got weaker in some ways: 12-month revenue fell 2.6%. Its overall score is unchanged at 42/100 since Oct 28, 2026.
How is i-80 Gold valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 8/100 against 1,371 basic materials peers.Earnings yield -23.0% vs a peer median of 3.6% (weaker than 100% of peers).Earnings yield -23.0% vs peers 3.6% (weaker than 100% of peers).
Is i-80 Gold growing?
Yes, faster than most of its peers. Growth scores 91/100 against 1,371 basic materials peers.3-year revenue growth 37.1% vs a peer median of -0.0% (stronger than 95% of peers).3-year revenue growth 37.1% vs peers -0.0% (stronger than 95% of peers).
How profitable is i-80 Gold?
Less profitable than most of its peers. Profitability scores 0/100 against 1,371 basic materials peers.Operating margin -112.1% vs a peer median of 7.6% (weaker than 100% of peers).Operating margin -112.1% vs peers 7.6% (weaker than 100% of peers).
How risky is i-80 Gold?
Lower risk relative to 1,371 basic materials peers, judged on debt, liquidity and share-price swings.Current ratio 8.63× vs a peer median of 1.76× (stronger than 95% of peers).Current ratio 8.63× vs peers 1.76× (stronger than 95% of peers).Beta 2.21 vs a peer median of 0.69 (weaker than 100% of peers).Beta 2.21 vs peers 0.69 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 10, 2026 · compared with the quarter ended Mar 31, 2026
Got weaker
12-month revenue fell 2.6%
Worth watching: i-80 Gold is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
Previous quarter
Latest quarter
Change
Revenue (12 months)
133.5M USD
130.0M USD
−2.6%
Net income (12 months)
−236.2M USD
−258.6M USD
+9.4%
Operating margin
-97.7%
-112.1%
−14.4 pts
Free cash flow (12 months)
−127.1M USD
−185.8M USD
+46.2%
Debt
437.8M USD
445.7M USD
+1.8%
Cash
513.5M USD
464.6M USD
−9.5%
Shares outstanding
862.1M
865.9M
+0.4%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Basic Materials · 121 companies
Valuations in Basic Materials are near the top of their range since 2016.
84% of months since 2016 were valued lower than now.
43% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +23% and earnings +13% (medians): prices and earnings moved broadly together.
Median price-to-sales is −9% vs the whole market, against a usual −27%.
2016Shaded: most expensive fifth of its range2026
Shown for Basic Materials: too few Gold companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
—
9.7%
-9.4%
-31.2%
12.1%
▲ 43 pts
Operating margin
—
-159.3%
-183.9%
-177.0%
-130.7%
▲ 46 pts
Net margin
—
-214.3%
-163.3%
-241.4%
-208.9%
▲ 33 pts
Return on assets (ROA)
13.4%
-12.3%
-13.7%
-18.5%
-28.3%
▼ 9.7 pts
Return on equity (ROE)
21.7%
-26.8%
-26.0%
-35.7%
-57.3%
▼ 22 pts
Free cash flow margin
—
-259.9%
-172.8%
-167.9%
-97.9%
▲ 70 pts
Current ratio
4.06×
0.90×
0.61×
0.57×
0.73×
▲ 27%
Quick ratio
3.19×
0.71×
0.44×
0.36×
0.51×
▲ 41%
Debt to equity
0.10×
0.39×
0.56×
0.56×
0.50×
▼ 10%
Interest coverage
-374.30×
-2179.96×
-3.70×
-2.74×
-4.20×
▼ 53%
IAUX price history
Price history is added with the daily price update and will appear after the next one.