Equities Analysts Offer Predictions for US Gold Q1 Earnings

Key Points

• Roth Capital has projected US Gold Corp's Q1 2027 earnings to be ($0.25) per share, maintaining a Buy rating with a price target of $19.00.
• The company reported earnings of ($0.25) per share for the last quarter, missing analysts' consensus estimates by ($0.10).
• Institutional investors recently increased their stakes in US Gold, with notable increases from Renaissance Technologies and Philadelphia Financial Management, now collectively owning 6.64% of the company.

US Gold Corp (NASDAQ:USAU - Free Report) - Equities researchers at Roth Capital issued their Q1 2027 earnings estimates for US Gold in a research note issued to investors on Monday, August 4th. Roth Capital analyst J. Reagor expects that the technology company will earn ($0.25) per share for the quarter. Roth Capital currently has a "Buy" rating and a $19.00 price target on the stock. The consensus estimate for US Gold's current full-year earnings is ($0.95) per share. Roth Capital also issued estimates for US Gold's Q2 2027 earnings at ($0.25) EPS, Q3 2027 earnings at ($0.23) EPS, Q4 2027 earnings at ($0.23) EPS and FY2027 earnings at ($0.95) EPS.

US Gold (NASDAQ:USAU - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The technology company reported ($0.25) earnings per share for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.10).

Separately, HC Wainwright restated a "buy" rating and set a $15.00 target price on shares of US Gold in a report on Wednesday, June 25th.

US Gold Price Performance

NASDAQ USAU traded up $0.30 on Tuesday, reaching $12.02. 264,285 shares of the company's stock traded hands, compared to its average volume of 316,602. US Gold has a 12 month low of $4.86 and a 12 month high of $14.39. The stock has a market cap of $168.64 million, a PE ratio of -6.75 and a beta of 1.27. The stock has a 50-day simple moving average of $12.14 and a 200 day simple moving average of $10.30.

Hedge Funds Weigh In On US Gold

Several hedge funds have recently made changes to their positions in USAU. SBI Securities Co. Ltd. increased its holdings in shares of US Gold by 18,050.0% during the second quarter. SBI Securities Co. Ltd. now owns 2,178 shares of the technology company's stock valued at $27,000 after acquiring an additional 2,166 shares in the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new position in US Gold in the second quarter worth about $33,000. Bogart Wealth LLC purchased a new stake in shares of US Gold during the first quarter valued at approximately $46,000. Squarepoint Ops LLC bought a new stake in shares of US Gold in the 4th quarter worth $69,000. Finally, Occudo Quantitative Strategies LP bought a new position in US Gold during the 4th quarter valued at about $73,000. 6.64% of the stock is owned by hedge funds and other institutional investors.

About US 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.