20 Small-Cap Stocks Insiders Were Buying in Q1 2025

5. i-80 Gold Corp. (NYSE:IAUX)

Number of insiders buying: 6

Market Capitalization: $331.77 million

i-80 Gold is a mining company focused on exploring, developing, and producing gold, silver, and other metals in the United States. Its main assets include gold properties and mines in Nevada, such as McCoy-Cove, Granite Creek, Lone Tree, and Ruby Hill. The Reno, Nevada-based company ranks fifth among 20 small-cap stocks insiders were buying in the first quarter of the year.

In February, six insiders, including the CEO, COO, and CFO purchased a total of $474,302 worth of i-80 Gold Corp shares at an average price of $0.55 per share. Year-to-date, the stock gained 6.73% and currently trades at $0.52 per share. Over the past 12 months, the stock dropped 56.78%.

For the full year 2024, i-80 Gold reported revenue of $50.3 million, compared to $54.9 million in 2023. Gold sales totaled 21,527 ounces for the year at an average realized gold price of $2,332 per ounce, resulting in revenue of $50.2 million, compared to gold sales of 29,370 ounces at an average realized gold price of $1,956 per ounce, resulting in revenue of $57.5 million in 2023. Loss per share was $0.34 per share, compared to a loss of $0.33 per share in 2023.

The company expects to produce between 30,000 to 40,000 ounces of gold in 2025, with 20,000 to 30,000 ounces coming from Granite Creek and around 10,000 ounces from its two residual heap leach operations.

On March 31, 2025, the company entered into a prepay arrangement with National Bank of Canada, where the bank purchased 6,800 ounces of gold and 345,000 ounces of silver for delivery by September 30, 2025, as part of a recapitalization plan.

According to MarketBeat, three analysts rate i-80 Gold stock as a “Moderate Buy” with a price target of $3.50 per share. The average price target suggests a potential upside of 569.22%