U.S. Gold Corp. (NASDAQ:USAU - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.38 and traded as high as $8.37. U.S. Gold shares last traded at $8.14, with a volume of 347,693 shares trading hands.
Analyst Upgrades and Downgrades
USAU has been the topic of a number of recent analyst reports. Roth Capital raised U.S. Gold to a "strong-buy" rating in a research report on Wednesday, December 18th. Roth Mkm started coverage on shares of U.S. Gold in a report on Wednesday, December 18th. They issued a "buy" rating and a $10.00 price target on the stock.
Read Our Latest Research Report on U.S. Gold
U.S. Gold Price Performance
The company has a fifty day moving average of $9.01 and a two-hundred day moving average of $7.50. The stock has a market capitalization of $133.85 million, a P/E ratio of -10.72 and a beta of 1.38.
U.S. Gold (NASDAQ:USAU - Get Free Report) last announced its quarterly earnings data on Monday, March 17th. The technology company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.27). As a group, equities research analysts predict that U.S. Gold Corp. will post -0.95 EPS for the current fiscal year.
Institutional Trading of U.S. Gold
Hedge funds have recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of U.S. Gold in the fourth quarter valued at approximately $104,000. Squarepoint Ops LLC acquired a new stake in U.S. Gold in the 4th quarter valued at approximately $69,000. Occudo Quantitative Strategies LP bought a new stake in U.S. Gold during the 4th quarter valued at $73,000. Cubist Systematic Strategies LLC acquired a new position in U.S. Gold during the 4th quarter worth $182,000. Finally, Walleye Capital LLC bought a new position in shares of U.S. Gold in the fourth quarter worth $114,000. 6.64% of the stock is currently owned by institutional investors.
About U.S. 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.
Recommended Stories
Before you consider U.S. Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and U.S. Gold wasn't on the list.
While U.S. Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
