US Gold (USAU) to Release Quarterly Earnings on Monday

Key Points

• US Gold Corp. (NASDAQ: USAU) is set to release its quarterly earnings data on August 4th, with analysts predicting a loss of ($0.15) per share for the quarter.
• The company's shares increased by 2.2% to open at $11.51, with a current market cap of $159.76 million.
• Research analysts maintain a bullish outlook, with Roth Capital and HC Wainwright both issuing "buy" ratings and increasing their price targets to $18 and $15 respectively.

US Gold (NASDAQ:USAU - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Monday, August 4th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter.

US Gold Stock Up 2.2%

Shares of USAU opened at $11.51 on Monday. The stock has a market cap of $159.76 million, a price-to-earnings ratio of -8.46 and a beta of 1.33. US Gold has a 12 month low of $4.71 and a 12 month high of $14.39. The company has a 50-day moving average price of $12.11 and a two-hundred day moving average price of $10.08.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on USAU shares. Roth Capital restated a "buy" rating and issued a $18.00 price objective (up previously from $16.00) on shares of US Gold in a research report on Tuesday, July 1st. HC Wainwright restated a "buy" rating and issued a $15.00 price objective on shares of US Gold in a research report on Wednesday, June 25th.

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.

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