US Gold Corp (NASDAQ:USAU - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.22 and traded as high as $11.27. US Gold shares last traded at $11.25, with a volume of 290,706 shares.
Wall Street Analysts Forecast Growth
USAU has been the topic of a number of research reports. Roth Capital reissued a "buy" rating and issued a $19.00 target price (up from $18.00) on shares of US Gold in a research note on Monday, August 4th. HC Wainwright reissued a "buy" rating and issued a $15.00 target price on shares of US Gold in a research note on Wednesday, June 25th.
Read Our Latest Research Report on USAU
US Gold Trading Up 2.6%
The stock's fifty day moving average price is $12.15 and its 200-day moving average price is $10.34. The firm has a market cap of $168.64 million, a price-to-earnings ratio of -6.75 and a beta of 1.27.
US Gold (NASDAQ:USAU - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The technology company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.10). Analysts predict that US Gold Corp will post -0.95 earnings per share for the current year.
Institutional Trading of US Gold
Institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. grew its stake 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 acquiring an additional 2,166 shares in the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of US Gold during the 2nd quarter worth $33,000. Bogart Wealth LLC purchased a new stake in shares of US Gold during the 1st quarter worth $46,000. Squarepoint Ops LLC purchased a new stake in shares of US Gold during the 4th quarter worth $69,000. Finally, Occudo Quantitative Strategies LP purchased a new stake in shares of US Gold during the 4th quarter worth $73,000. Institutional investors and hedge funds own 6.64% of the company's stock.
US Gold Company Profile
(
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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