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i-80 Gold IAUX Cove — Pre-development, evaluation and exploration

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Other financials

Income statement

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Revenue$52.4M+273%
Gross profit$16.6M+405%
Operating income-$21.8M-38.3%
Net income-$78.6M-90.8%
EPS (diluted)-$0.09+10.0%

Balance sheet

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Cash & equivalents$555.8M+921%
Total debt$441.8M+123%
Total equity$298.9M-6.0%
Total assets$1.2B+78.5%

Cash flow

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Operating cash flow-$45.1M-98.6%
CapEx$11.9M+3,230%
Free cash flow-$56.9M-147%

Valuation

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Market cap$1.2B+113%
Enterprise value$1.08B+53.4%
P/S-1.1×

Profitability

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Gross margin19.9%
Operating margin-97.7%-27.1pp
Net margin-176.9%-41.6pp
FCF margin-95.2%-24.5pp

Returns & leverage

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Return on equity-76.6%+273pp
Debt / equity1.5×+0.9×
Current ratio9.5×+8.9×

Where this comes from

Reported directly by i-80 Gold in its filing.

Tagged under the XBRL concept iaux:PreDevelopmentExpenseEvaluationAndExploration.

The official record: i-80 Gold’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is i-80 Gold's cove — pre-development, evaluation and exploration?
i-80 Gold (IAUX) reported cove — pre-development, evaluation and exploration of $1.72M in Q1 2026.
How has i-80 Gold's cove — pre-development, evaluation and exploration changed year-over-year?
i-80 Gold's cove — pre-development, evaluation and exploration decreased by 32.5% year-over-year, from $2.55M to $1.72M.
What does cove — pre-development, evaluation and exploration mean?
Captures the capital and operational expenditures dedicated to geological assessment, drilling, and feasibility studies at the Cove project prior to commercial production. This metric reflects the company's investment in expanding the resource base and de-risking future mining operations.