Home / Going-concern warnings / i-80 Gold Corp.

3/5i-80 Gold Corp. (IAUX): Going-concern doubt

Filed 2026-08-10 路 Form 10-Q 路 Accession 0001628280-26-055367 small

Market data

Price before filing: $1.62 (2026-08-07 close, split/dividend-adjusted)
Market cap at flag: $1.46B (2026-08-10) 路 Latest: $1.31B (2026-10-16)

What happened next

WindowIAUXSPYvs SPY
30 days+9.3%-1.4%+10.7%2026-09-09
90 dayspendingpendinguntil 2026-11-08
180 dayspendingpendinguntil 2027-02-06

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider sold $39K (1 sale); 1 insider bought $74K (1 purchase)
30 days after: 1 insider sold $33K (1 sale); 2 insiders bought $1.6M (2 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-05-15Yopps Steven W.
Director
Purchase50,000$1.47$74KnoForm 4
2026-05-28Begeman John Arthur
Director
Sale24,356$1.59$39KnoForm 4
2026-08-10: red flag filed
2026-08-18Savarie David Roger
EVP, General Counsel
Purchase4,575$1.59$7KnoForm 4
2026-08-18Young Richard Scott
President and CEO, Director
Purchase1,000,000$1.62$1.6MnoForm 4
2026-09-02Begeman John Arthur
Director
Sale19,231$1.74$33KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-12 to 2026-09-09. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"As disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, conditions including a working capital deficit, operating losses and an expectation of future losses raised substantial doubt about the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2026-06-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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