11:36 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 gained 5.3% on the TSX and jumped 5.8% on the NYSE American in early Wednesday trading.

Price: 2.19, Change: +0.11, Percent Change: +5.29