The Globe and Mail reports in its Friday, Jan. 10, edition that National Bank Financial analyst Don DeMarco has elevated his recommendation for i-80 Gold to "outperform" from "sector perform." The Globe's David Leeder writes that Mr. DeMarco gave his share target a 50-cent trim to $1.75. Analysts on average target the shares at $2.51. Mr. DeMarco says in a note: "We are upgrading i-80 Gold to 'outperform' following recent share price underperformance, improved valuation and looking ahead to multiple catalysts teed up in Q1/25, which are expected to derisk and underpin the valuation. i-80 Gold shares have eased 46.3 per cent (vs down 2.5 per cent for the S&P TSX Gold Index) since our downgrade. The new management team is now solidly in place led by Richard Young, ex Teranga and Argonaut, and advancing their recapitalization and development plans. The team is moving forward targeting challenges that contributed prior share price underperformance including lack of strategy, story complexity, exploration funds competing with development and mounting balance sheet pressures." The Globe reported on Oct. 11 that Mr. DeMarco had cut i-80 Gold to "sector perform" from "outperform." The shares could then be had for $1.48.