US Gold (NASDAQ:USAU - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at HC Wainwright in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $27.50 price target on the technology company's stock. HC Wainwright's price target would suggest a potential upside of 74.05% from the stock's current price.
A number of other brokerages also recently issued reports on USAU. Roth Mkm reissued a "buy" rating and set a $26.00 price objective (up from $20.00) on shares of US Gold in a research report on Monday, December 15th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of US Gold in a report on Wednesday, January 21st. Finally, Wall Street Zen downgraded US Gold from a "hold" rating to a "sell" rating in a research report on Saturday, December 13th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, US Gold currently has an average rating of "Hold" and a consensus price target of $26.75.
View Our Latest Report on US Gold
US Gold Stock Up 4.0%
Shares of NASDAQ:USAU opened at $15.80 on Thursday. The firm's 50 day moving average price is $17.36 and its 200-day moving average price is $17.38. US Gold has a twelve month low of $7.38 and a twelve month high of $23.75. The stock has a market capitalization of $260.70 million, a PE ratio of -10.90 and a beta of 0.90.
US Gold (NASDAQ:USAU - Get Free Report) last announced its earnings results on Monday, March 16th. The technology company reported ($0.35) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.22). Analysts expect that US Gold will post -0.95 earnings per share for the current fiscal year.
Hedge Funds Weigh In On US Gold
Hedge funds have recently modified their holdings of the company. Quantbot Technologies LP bought a new stake in shares of US Gold during the 2nd quarter valued at $25,000. CIBC Private Wealth Group LLC bought a new position in US Gold in the 4th quarter worth $39,000. BNP Paribas Financial Markets increased its stake in US Gold by 157.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,413 shares of the technology company's stock worth $40,000 after buying an additional 1,476 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in US Gold in the 4th quarter worth $44,000. Finally, Ameritas Advisory Services LLC raised its holdings in US Gold by 26,900.0% during the third quarter. Ameritas Advisory Services LLC now owns 2,700 shares of the technology company's stock valued at $44,000 after acquiring an additional 2,690 shares during the period. 6.64% of the stock is currently owned by institutional investors.
About US Gold
(
Get Free Report)
US Gold Corporation NASDAQ: USAU is a U.S.-based mineral exploration and development company focused on advancing gold and copper projects in key mining jurisdictions across the United States. The company’s flagship asset is the Copper King project in Park County, Wyoming, where US Gold holds more than 10,000 contiguous acres in the historic Sweetwater Mining District. Copper King is a bulk-tonnage, porphyry-style copper-gold property for which the company has completed multiple drilling campaigns, metallurgical testing and a preliminary economic assessment.
In addition to Copper King, US Gold controls the Keystone project on the northern Black Hills Gold Trend in South Dakota.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider US Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and US Gold wasn't on the list.
While US Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
