US Gold Corp (NASDAQ:USAU - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.44 and traded as high as $12.33. US Gold shares last traded at $11.90, with a volume of 224,441 shares changing hands.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on the stock. HC Wainwright restated a "buy" rating and set a $15.00 price objective on shares of US Gold in a report on Wednesday, June 25th. Roth Capital reiterated a "buy" rating and issued a $19.00 price target (up previously from $18.00) on shares of US Gold in a report on Monday, August 4th.
Get Our Latest Report on USAU
US Gold Stock Down 4.5%
The company has a market cap of $166.96 million, a price-to-earnings ratio of -6.69 and a beta of 1.27. The company's fifty day moving average price is $12.11 and its two-hundred day moving average price is $10.44.
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 the consensus estimate of ($0.15) by ($0.10). On average, equities research analysts predict that US Gold Corp will post -0.95 earnings per share for the current fiscal year.
Institutional Trading of US Gold
A number of institutional investors have recently made changes to their positions in USAU. Quantbot Technologies LP bought a new stake in shares of US Gold in the second quarter worth $25,000. SBI Securities Co. Ltd. lifted its position in shares of US Gold by 18,050.0% in the second quarter. SBI Securities Co. Ltd. now owns 2,178 shares of the technology company's stock worth $27,000 after purchasing an additional 2,166 shares in the last quarter. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of US Gold in the second quarter worth $33,000. Bogart Wealth LLC bought a new stake in shares of US Gold in the first quarter worth $46,000. Finally, Squarepoint Ops LLC bought a new stake in shares of US Gold in the fourth quarter worth $69,000. Institutional investors own 6.64% of the company's stock.
About US Gold
(
Get Free Report)
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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