secwatch.observer — SEC 8-K summary
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Issuer:     i-80 Gold Corp. (IAUX)
CIK:        0001853962
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0001628280-25-022015
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

i-80 Gold Q1 2025: net loss $41.2M ($0.10/sh), revenue $14.0M; gold sales 4,952 oz at $2,825/oz
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- Net loss of $41.2M ($0.10/sh) vs $19.7M loss ($0.06/sh) in Q1 2024; loss widened due to revaluation losses from gold prepay and silver purchase agreement.
- Revenue increased to $14.0M from $8.4M YoY, driven by higher gold ounces sold and higher average realized gold price of $2,825/oz.
- Gold sales totaled 4,952 oz at avg realized price $2,825/oz, compared to 4,061 oz at $2,063/oz in prior year period.
- Cash used in operations $22.7M; cash balance $13.5M as of March 31, 2025, down $5.5M during the quarter.
- Granite Creek Underground ramping up; management expects steady-state gold output in H2 2025; completed $12M working capital facility with Auramet to support recapitalization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853962/000162828025022015/0001628280-25-022015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853962/000162828025022015/iaux-20250505.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-022015

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