Saturday, May 31, 2025

Latest

i-80 Gold Q3 Earnings: Complete Disaster

I-80 Gold’s (TSX: IAU) Q3 earnings were catastrophic, with the company recording a 13% revenue decline and suffering massive losses. Gold sales plunged 33%, and costs skyrocketed, leaving I-80 with a mine operating loss of $4.5 million and a net loss of $38 million.

Despite raising $114 million this year, the company faces significant cash flow issues, with just $22 million remaining—barely enough to survive another quarter.

The core problem lies in poor management and execution. Debt obligations are mounting, with the company needing to restructure agreements tied to gold and silver prepay contracts. Current plans also include the ambitious development of five deposits by 2030, even as existing operations falter.

Lets dive in.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

i-80 Gold Outlines $2.1 Billion NPV At Spot Prices For Mineral Point Project

i-80 Gold Corp (TSX: IAU) has released a preliminary economic assessment for its Mineral Point...

Friday, February 21, 2025, 08:17:45 AM

i-80 Gold Drills 14.7 G/T Gold Over 10.2 Metres At Granite Creek

i-80 Gold Corp. (TSX: IAU) reported this morning the assay results from the ongoing surface...

Tuesday, November 16, 2021, 11:28:00 AM

i-80 Gold Begins Underground Drill Program At Granite Creek

i-80 GOLD CORP. (TSX: IAU) today reported that the overhauling of underground drill bays has...

Wednesday, June 16, 2021, 07:49:31 AM

I-80 Gold Q1 Earnings: The Struggle Continues

It seems that every quarter we have this same discussion, yet here we are again....

Sunday, May 18, 2025, 03:41:00 PM

i-80 Gold Sees Equinox Invest Further $14.2 Million To Maintain Ownership

i-80 GOLD CORP. (TSX: IAU) confirmed today that Equinox Gold Corp. (TSX: EQX) has exercised...

Thursday, May 27, 2021, 07:59:39 AM