FY2025 EPS Estimates for U.S. Gold Lifted by HC Wainwright

U.S. Gold Corp. (NASDAQ:USAU - Free Report) - HC Wainwright boosted their FY2025 EPS estimates for U.S. Gold in a report released on Wednesday, February 12th. HC Wainwright analyst H. Ihle now anticipates that the technology company will post earnings per share of ($1.02) for the year, up from their prior forecast of ($1.06). HC Wainwright currently has a "Buy" rating and a $13.00 price target on the stock. The consensus estimate for U.S. Gold's current full-year earnings is ($0.95) per share. HC Wainwright also issued estimates for U.S. Gold's FY2025 earnings at ($1.02) EPS and FY2026 earnings at ($0.81) EPS.

U.S. Gold (NASDAQ:USAU - Get Free Report) last issued its quarterly earnings results on Monday, December 16th. The technology company reported ($0.20) earnings per share (EPS) for the quarter.

Other equities research analysts have also recently issued research reports about the stock. Roth Mkm initiated coverage on shares of U.S. Gold in a research report on Wednesday, December 18th. They set a "buy" rating and a $10.00 price target for the company. Roth Capital upgraded shares of U.S. Gold to a "strong-buy" rating in a research report on Wednesday, December 18th.

U.S. Gold Stock Performance

NASDAQ:USAU traded down $0.12 on Monday, hitting $8.91. 183,294 shares of the stock were exchanged, compared to its average volume of 207,515. U.S. Gold has a 52 week low of $3.29 and a 52 week high of $9.85. The stock has a market capitalization of $109.77 million, a price-to-earnings ratio of -8.91 and a beta of 1.56. The company's 50-day moving average price is $7.28 and its 200 day moving average price is $6.53.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of USAU. JPMorgan Chase & Co. increased its position in shares of U.S. Gold by 5,775.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,286 shares of the technology company's stock valued at $42,000 after buying an additional 7,162 shares in the last quarter. Quadrature Capital Ltd acquired a new position in U.S. Gold in the third quarter valued at about $59,000. Squarepoint Ops LLC bought a new stake in shares of U.S. Gold in the fourth quarter worth about $69,000. Occudo Quantitative Strategies LP acquired a new stake in shares of U.S. Gold during the fourth quarter worth about $73,000. Finally, Walleye Capital LLC bought a new position in shares of U.S. Gold during the 4th quarter valued at about $114,000. Institutional investors own 6.64% of the company's stock.

About U.S. 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.