CEO Richard Scott Young buys $1.4 million of i-80 Gold Corp. (IAUX)

Richard Scott Young, chief executive of i-80 Gold Corp., bought 1,000,000 shares on the open market on March 25, 2026 at an average of $1.40 a share, for a total of $1.4 million. The purchase was reported to the SEC on Form 4 on March 27, 2026.

It raised their holding by 25%, to 4,971,000 shares.

The purchase came after a fall: i-80 Gold Corp. stock was down 14.9% over the 13 weeks before.

2 other insiders also bought at least $10,000 of IAUX within 30 days, which makes this a cluster buy.

In the 12 months up to this filing, i-80 Gold Corp. insiders reported 2 open-market purchases and 0 sales.

WallStPal Score: 69 out of 100, because of raised their holding by 25%; a large purchase; 2 other insiders also bought; the stock had fallen 14.9% in the 13 weeks before; bought by a top executive.

What happened next: after 1 month the stock was up 18.6% (9.1 points better than the S&P 500); after 3 months the stock was up 2.9% (12.2 points worse than the S&P 500); after 6 months the stock was up 27.9% (10.5 points better than the S&P 500). Based on weekly prices from the week of the purchase.

Our read

This one purchase is 99% of all insider buying at IAUX in the past year, the first open-market purchase by Richard Scott Young in our records. It is worth reading next to the company's own results and news before drawing conclusions.

Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.

Examples

Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.

Explain it like I'm 13

Richard Scott Young helps run i-80 Gold Corp.. Spending $1.4 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.

More: all IAUX insider trades · Richard Scott Young's track record