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i-80 Gold Soars Over 144% In Last Six Months While It Reports Major Refurbishment Progress at Lone Tree Plant

i-80 Gold Corp. (NYSE:IAUX) is one of the 9 Best Junior Gold Mining Stocks to Buy Now.

i-80 Gold Corp. (NYSE:IAUX) shares have surged over 144% over the past six months. Analysts covering IAUX remain bullish on the stock with a consensus Buy rating as the stock has a median price target of $1.95. This reflects a healthy upside potential of just over 29% as of January 5.

On December 18, i-80 Gold Corp. (NYSE:IAUX) reported major refurbishment progress of its Lone Tree Plant in North Nevada. The company shared results from Hatch’s engineering study, which outlined the refurbishment of the plant, indicating the ability to process sulfide and oxide gold-bearing feed at 2,268 tonnes per day.

The management highlighted that their goal is to become a mid-tier gold producer through transitioning from toll mining to an owner-operator processing model. This could reduce costs by one-third and increase margins by nearly $1,000 to $1,500 per ounce of gold. i-80 Gold has a new $430 million capital benchmark per the recent study, higher than previous expectations, with a potential payback of 1 to 2 years. The company expects construction activities to begin during the second half of 2026. Paul Chawrun, COO at  i-80 Gold, said:

With approximately 30% of detailed engineering now complete, this level of technical definition provides significantly improved accuracy in our capital cost estimate.

i-80 Gold Corp. (NYSE:IAUX) remains one of the two companies in Nevada with an autoclave facility, adding to its potential and setting eyes on its targeted objectives. Over the past six months, IAUX shares have soared by more than 138%, as of January 5, reflecting strong investor sentiment amid a promising outlook for its Lone Tree Plant.

i-80 Gold Corp. (NYSE:IAUX) is a development-stage mining company. i-80 Gold explores for, develops, and produces gold, silver, and polymetallic deposits in the U.S.

While we acknowledge the potential of IAUX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IAUX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best New Penny Stocks to Invest In and 13 Best Gold Mining Companies to Invest In Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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