683 Capital Management LLC purchased a new position in U.S. GoldMining Inc. (NASDAQ:USGO - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 31,045 shares of the company's stock, valued at approximately $267,000. 683 Capital Management LLC owned about 0.25% of U.S. GoldMining at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Renaissance Technologies LLC bought a new stake in shares of U.S. GoldMining in the 4th quarter worth approximately $91,000. Northern Trust Corp lifted its position in U.S. GoldMining by 124.4% in the fourth quarter. Northern Trust Corp now owns 27,080 shares of the company's stock worth $233,000 after purchasing an additional 15,011 shares during the period. Finally, Geode Capital Management LLC boosted its stake in U.S. GoldMining by 38.5% during the fourth quarter. Geode Capital Management LLC now owns 31,196 shares of the company's stock worth $269,000 after buying an additional 8,667 shares in the last quarter. 0.49% of the stock is owned by institutional investors and hedge funds.
U.S. GoldMining Stock Performance
Shares of USGO opened at $9.42 on Friday. The company has a 50-day moving average price of $9.75 and a two-hundred day moving average price of $9.86. U.S. GoldMining Inc. has a 12 month low of $5.00 and a 12 month high of $14.46.
Analysts Set New Price Targets
Separately, HC Wainwright restated a "buy" rating and issued a $26.50 price objective on shares of U.S. GoldMining in a research note on Tuesday, February 4th.
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About U.S. GoldMining
(
Free Report)
U.S. GoldMining Inc, an exploration stage company, engages in the exploration and development of mineral properties in the United States. The company's primary asset is the 100%-owned Whistler exploration property, a gold-copper exploration project comprising mining claims totaling 53,700 acres located in Yentna Mining District, Alaska.
See Also
Want to see what other hedge funds are holding USGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for U.S. GoldMining Inc. (NASDAQ:USGO - Free Report).
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