U.S. Gold Corp. (NASDAQ:USAU) CEO George M. Bee Purchases 3,939 Shares

U.S. Gold Corp. (NASDAQ:USAU - Get Free Report) CEO George M. Bee purchased 3,939 shares of the firm's stock in a transaction on Wednesday, May 15th. The stock was bought at an average price of $5.07 per share, for a total transaction of $19,970.73. Following the completion of the transaction, the chief executive officer now directly owns 397,645 shares in the company, valued at $2,016,060.15. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

U.S. Gold Stock Performance

U.S. Gold stock traded up $0.05 during trading hours on Thursday, hitting $5.36. 133,886 shares of the stock were exchanged, compared to its average volume of 62,373. The stock has a market capitalization of $50.01 million, a P/E ratio of -7.34 and a beta of 1.19. U.S. Gold Corp. has a 12 month low of $2.92 and a 12 month high of $5.71. The business's 50-day moving average is $4.09 and its two-hundred day moving average is $3.77.

U.S. Gold (NASDAQ:USAU - Get Free Report) last announced its earnings results on Monday, March 18th. The technology company reported ($0.18) EPS for the quarter. On average, equities analysts predict that U.S. Gold Corp. will post -1.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a "buy" rating and set a $11.00 price objective on shares of U.S. Gold in a research note on Friday, March 1st.

Hedge Funds Weigh In On U.S. Gold

An institutional investor recently bought a new position in U.S. Gold stock. National Bank of Canada FI acquired a new position in shares of U.S. Gold Corp. (NASDAQ:USAU - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 21,266 shares of the technology company's stock, valued at approximately $90,000. National Bank of Canada FI owned approximately 0.23% of U.S. Gold as of its most recent filing with the Securities and Exchange Commission. 6.64% of the stock is owned by institutional investors.

About U.S. Gold

U.S. Gold Corp. engages in the exploration and development of gold and precious metals in the United States. It also explores for copper and silver deposits. The company holds 100% interests in the CK Gold project, which consists of various mining leases and other mineral rights covering approximately 1,120 acres in Laramie County, Wyoming; the Keystone project that consists of 601 unpatented lode mining claims covering approximately 20 square miles in Eureka County, Nevada; and the Challis Gold project, which consists of 77 unpatented lode mining claims covering approximately 1,710 acres in Lemhi County, Idaho.