i-80 Gold Corp. IAUX

Basic materials SIC 1040 - Gold and Silver Ores NAICS Mining, Quarrying, and Oil and Gas Extraction › Mining (except Oil and Gas) › Metal Ore Mining › Gold Ore and Silver Ore Mining derived NYSE

Unless otherwise indicated or the context otherwise requires, use of the terms "Company", "i-80" and "i-80 Gold" in this Annual Report refer to i-80 Gold Corp. and its direct and indirect subsidiaries as of the date of this Annual Report, or other entities controlled by them, on a consolidated basis, notwithstanding that such direct and indirect subsidiaries may not have been controlled by them at all relevant times, including December 31, 2025.

i-80 Gold Corp. was incorporated on November 10, 2020 pursuant to the Business Corporations Act (British Columbia) ("BCBA"), as a wholly-owned subsidiary of Premier Gold Mines Limited ("Premier") for the purposes of effecting a plan of arrangement (the "Plan of Arrangement") under Section 182 of the Business Corporations Act (Ontario) (the "Arrangement"). The Arrangement was completed on April 7, 2021. Under the Arrangement, among other things, Premier transferred all of its ownership interest in Premier Gold Mines USA, Inc. ("Premier USA") to the Company and spun out 70% of the issued and outstanding common shares of the Company (the "Common Shares") to shareholders of Premier. As a result of the Arrangement, the Company became a public company and a "reporting issuer" under applicable Canadian securities laws and is no longer a subsidiary of Premier. Trading of the Common Shares commenced on the Toronto Stock Exchange ("TSX") on April 13, 2021 under the stock symbol "IAU", and on the NYSE American exchange ("NYSE") on May 19, 2022 under the stock symbol "IAUX". The Company's registered and records office is located at Suite 2500 Park Place, 666 Burrard Street, Vancouver, British Columbia, V6B 2X8. The Company's head office is located at 5190 Neil Road, Suite 460, Reno, Nevada, 89502 and its principal executive office is located at 150 York Street, Suite 1802, Toronto, Ontario, Canada M5H 3S5.

Last close 1.45 2026-10-23
Market cap $1.26B 2026-06-30 share count
52-week range 0.89 - 2.24

Valuation FY2025 figures against the last close

P/S13.2x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-0.30

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Revenue $95.2M$50.3M$54.9M$37.0M$0—
Gross profit $11.5M-$15.7M-$5.1M———
SG&A $29.4M$20.8M$21.6M———
Operating income -$124.4M-$89.1M-$101.0M-$58.9M-$28.4M—
Interest expense $29.6M$32.5M$27.3M———
Pre-tax income -$202.1M-$120.0M-$92.9M———
Income tax $3.3M$1.5M$3.2M———
Net income -$198.8M-$121.5M-$89.7M-$79.2M$88.2M—
EPS, basic -0.30-0.34-0.33———
EPS, diluted -0.30-0.34-0.33———
Shares, diluted (wtd. avg.) 671.7M359.2M274.1M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Cash and equivalents $63.2M$19.0M$60.8M$81.2M——
Receivables $1.9M$3.3M$4.3M———
Inventory $29.3M$15.3M$11.4M———
Total current assets $100.3M$42.3M$39.8M———
Total assets $703.4M$655.6M$654.3M$642.0M$656.3M—
Accounts payable $41.5M$26.4M$27.2M———
Short-term debt $76.8M$37.8M$31.2M———
Total current liabilities $138.3M$74.0M$65.2M———
Long-term debt $97.9M$153.6M$194.1M$113.9M——
Total liabilities $356.6M$315.0M$309.0M———
Retained earnings -$483.7M-$284.8M-$163.3M———
Total equity $346.8M$340.7M$345.3M$295.9M$407.0M-$16.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Operating cash flow -$83.6M-$82.5M-$77.5M———
Depreciation and amortisation —$3.2M$8.7M———
Stock-based compensation $9.1M$570.0K$2.3M———
Capital expenditure $9.6M$2.0M$17.4M———
Investing cash flow -$9.6M-$1.6M-$8.3M———
Financing cash flow $139.0M$82.7M$65.4M———

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-009886.

Plot the figures US dollars

  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -200M -100M 0 100M Revenue, FY2021: 0 Net income, FY2021: 88.2M Revenue, FY2022: 37M Net income, FY2022: -79.2M Revenue, FY2023: 54.9M Gross profit, FY2023: -5.1M Net income, FY2023: -89.7M Revenue, FY2024: 50.3M Gross profit, FY2024: -15.7M Net income, FY2024: -121.5M Revenue, FY2025: 95.2M Gross profit, FY2025: 11.5M Net income, FY2025: -198.8M FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $0 $37.0M $54.9M $50.3M $95.2M
Gross profit — — — -$5.1M -$15.7M $11.5M
Net income — $88.2M -$79.2M -$89.7M -$121.5M -$198.8M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Item 7.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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