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i-80 Gold Widens Q4 Adjusted Loss YOY
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i-80 Gold Widens Q4 Adjusted Loss YOY
Mar 13, 2024 3:44 AM

06:20 AM EDT, 03/13/2024 (MT Newswires) -- i-80 Gold Corp. ( IAUX ) overnight Tuesday reported fourth-quarter 2023 adjusted loss of US$21.5 million, or US$0.07 per share, widening from a loss of US$13.1 million, or US$0.05 per share, in the year-ago quarter.

Fourth-quarter 2023 revenue rose to US$25.8 million from US$11.6 million in the prior-year period.

The company sold 3,350 ounces of gold at a realized gold price of US$1,996 per ounce in the fourth quarter of 2023, down from 6,769 ounces of gold at a realized gold price of US$1,714 per ounce in the same quarter a year ago.

The company at last look inched up 0.1% in US pre-market trading on Wednesday.

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