US Gold (NASDAQ:USAU) Given Sell (D-) Rating at Weiss Ratings

Key Points

• US Gold (NASDAQ:USAU) received a "sell (D-)" rating from Weiss Ratings in a recent report, reflecting negative sentiment from certain analysts.
• While Weiss Ratings has a bearish outlook, other analysts like Roth Capital and HC Wainwright upgraded their ratings and raised target prices, indicating a mixed sentiment with a current consensus rating of "Moderate Buy."
• The company's recent quarterly earnings report showed an EPS of ($0.15), beating expectations, and US Gold's shares have considerable volatility, ranging from a 52-week low of $5.59 to a high of $19.20.

US Gold (NASDAQ:USAU - Get Free Report)'s stock had its "sell (d-)" rating reiterated by equities researchers at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.

Other equities analysts have also recently issued reports about the company. Roth Capital boosted their target price on US Gold from $19.00 to $20.00 and gave the company a "buy" rating in a research note on Monday, September 22nd. HC Wainwright boosted their target price on US Gold from $15.00 to $22.00 and gave the company a "buy" rating in a research note on Thursday, September 25th. Finally, Wall Street Zen upgraded shares of US Gold from a "sell" rating to a "hold" rating in a report on Friday, October 3rd. Three investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $17.33.

US Gold Price Performance

US Gold stock traded down $0.47 during trading hours on Friday, reaching $16.71. The stock had a trading volume of 305,367 shares, compared to its average volume of 427,342. The company has a fifty day simple moving average of $15.31 and a 200-day simple moving average of $12.71. US Gold has a 52 week low of $5.59 and a 52 week high of $19.20.

US Gold (NASDAQ:USAU - Get Free Report) last issued its quarterly earnings data on Monday, September 15th. The technology company reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.05. As a group, equities analysts expect that US Gold will post -0.95 EPS for the current year.

Institutional Trading of US Gold

Institutional investors have recently bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in US Gold during the 2nd quarter valued at about $25,000. SBI Securities Co. Ltd. grew its position in US Gold by 18,050.0% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,178 shares of the technology company's stock valued at $27,000 after purchasing an additional 2,166 shares during the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of US Gold during the 2nd quarter valued at about $33,000. Bogart Wealth LLC purchased a new stake in shares of US Gold during the 1st quarter valued at about $46,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of US Gold during the 2nd quarter valued at about $73,000. 6.64% of the stock is owned by hedge funds and other institutional investors.

US Gold Company Profile

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.

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