i-80 Gold Q4 Earnings: What A Mess
There’s good earnings, there’s bad earnings, and then.. There’s whatever i-80 Gold (TSX: IAU) reported for its fourth quarter financial results.
Funnily enough, that was our immediate impression on i-80’s third quarter earnings as well, which we discovered after we went back to cross compare notes. But the sentiment remains the same.
Because, quite frankly, the results are a mess. Despite the current gold environment, this is a company that is burning cash nearly as quickly as it comes in, and well, it kind of feels like there’s a mad scramble to keep all their balls in the air through any means possible right now.
They say they’ve got a plan to see things through to the other side, but we’re not as of yet entirely convinced.
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
