Michael Jalonen Increases Stake in i-80 Gold Corp.

On June 29, 2026, insider Michael Jalonen purchased 9,615 shares of i-80 Gold Corp. (NYSE American: IAUX). The transaction was not part of a pre-arranged trading plan.

Insider Buying and Selling at i-80 Gold Corp.

Michael Jalonen wasn't the only one buying. Other insiders, including Cassandra Pulskamp Joseph and Arthur Einav, also acquired shares on the same day. Jalonen had another transaction on June 23, 2026, where he bought 60,000 shares.

Other Institutional Activity in i-80 Gold Corp.

Several institutional investors have adjusted their positions in i-80 Gold Corp. Condire Management, LP added 1,862,001 shares, bringing its total to 82,103,559 shares valued at around $124.8 million, a 2.3% increase. Sprott Inc. also raised its stake by 725,754 shares, holding 35,862,753 shares worth about $54.4 million, with a 2.1% increase. Vanguard Capital Management LLC opened a new position with 24,162,128 shares valued at approximately $36.7 million. Conversely, Nokomis Capital, L.L.C. reduced its holdings by 693,267 shares, a 3.0% decrease.

i-80 Gold Corp. Stock Down 22.2%

As of Tuesday, shares of i-80 Gold Corp. traded near $1.44. The company has a market cap of approximately $1.22 billion and a beta of 2.023, indicating higher volatility compared to the market. The stock's 52-week range is between $0.55 and $2.24, with a 50-day moving average of $1.52 and a 200-day moving average of $1.42. i-80 Gold Corp. maintains a strong current ratio of 9.46 and a quick ratio of 8.95, though it carries a high debt-to-equity ratio of 147.82.

Analysts Set New Price Targets

Several analysts have maintained a positive outlook on i-80 Gold Corp. On June 2, 2025, both Scotiabank and RBC Capital reiterated their buy ratings with a price target of $1.50. The consensus among analysts remains optimistic, with a mean target price reflecting confidence in the company's future performance.

About i-80 Gold Corp.

i-80 Gold Corp. is a mining company that focuses on exploring and developing gold and silver deposits in the United States, primarily in Nevada. Founded in 2020 and based in Reno, Nevada, the company is led by CEO Richard S. Young and employs 133 people. Besides gold and silver, i-80 Gold also explores for polymetallic deposits.

Bottom Line

Michael Jalonen's recent purchase of i-80 Gold Corp. shares highlights ongoing interest from insiders in the company. With a robust institutional backing and a positive outlook from analysts, i-80 Gold Corp. remains a company to watch. However, it's important to remember that insider transactions are just one piece of the investment puzzle.