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Why i-80 Gold Corp. stock surged yesterday

By Wealth Awesome -

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Stocks & ETFs:IAU.TO

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i-80 Gold Corp. experienced a notable uptick in its stock price, driven by promising project developments.

i-80 Gold Corp. stock surged by 7.82% yesterday, closing at CA$2.62. This increase was largely influenced by the company's recent announcement regarding a positive feasibility study for its Granite Creek Underground project.

Investor takeaway: Investors should consider the implications of i-80 Gold's feasibility study, which highlights significant potential for future production and cash flow.

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i-80 Gold Corp.

IAU.TO

Full stock page →

IAU.TO

i-80 Gold Corp.

Source:WealthAwesomeWealthAwesome
↑ $0.16 (6.90%)
120 day period
$1.76$2.21$2.67Apr 2Jun 29Sep 23

Market cap

$2.15B

52W high

$3.04

52W low

$1.25

1W change

+7.36%

Beta

2.13

Analyst Price Targets

Based on analyst covering IAU · as of Sep 24, 2026

📈

Wall Street analysts forecast IAU stock price to rise 70.3% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$4.22

+70.3% Upside

Previously C$4.25 on Sep 23, 2026

Current Price

C$2.48

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on IAU's historical volatility

HistoricalForecast68%95%
C$1.39C$2.38C$3.36C$4.34C$5.33C$6.31TodayMay 15Jul 21Sep 23Nov 5Dec 19Jan 31

30-Day Vol

60.8%

Annualized

90-Day Vol

60.9%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$2.96

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$2.63C$2.13 – C$3.25
60 trading daysC$2.79C$2.08 – C$3.76
90 trading daysC$2.96C$2.06 – C$4.26

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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7.82%

i-80 Gold Corp.'s stock price increased by 7.82% yesterday, reflecting strong investor confidence following favorable project updates.

Bull case

The feasibility study showed strong project economics, with an after-tax NPV of $118 million at a gold price of $2,750/oz, and an impressive $598 million at $4,500/oz. This positions i-80 Gold as a potentially strong player in the gold market.

Bear case

Even with the positive news, i-80 Gold faces challenges like a negative profit margin and fluctuating gold prices, which could affect its future performance.

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Positive Feasibility Study Results

i-80 Gold announced a feasibility study for the Granite Creek Underground project, revealing an after-tax NPV of $118 million at a gold price of $2,750/oz. This figure increases significantly to $598 million at $4,500/oz, showcasing the project's strong economic potential. The study also highlighted initial proven and probable mineral reserves of 2.20 million tonnes, grading 7.87 grams per tonne of gold.

Market Reaction and Future Outlook

The market responded positively to i-80 Gold's announcement, leading to a 7.82% increase in stock price. This surge reflects growing investor confidence in the company's ability to ramp up production and generate cash flow, particularly as the Lone Tree plant is expected to be operational by the end of 2027. However, investors should remain cautious of the inherent risks associated with gold price fluctuations and the company's current negative profit margin.

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Wealth Awesome
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Wealth Awesome

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: September 23, 2026
Last Updated: September 23, 2026

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