U.S. Gold Corp. (NASDAQ:USAU - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.23 and traded as high as $7.54. U.S. Gold shares last traded at $7.50, with a volume of 100,722 shares trading hands.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on USAU. Roth Mkm assumed coverage on U.S. Gold in a report on Wednesday, December 18th. They set a "buy" rating and a $10.00 price target on the stock. HC Wainwright boosted their price target on shares of U.S. Gold from $11.00 to $13.00 and gave the stock a "buy" rating in a research report on Wednesday, November 20th. Finally, Roth Capital upgraded shares of U.S. Gold to a "strong-buy" rating in a report on Wednesday, December 18th.
View Our Latest Stock Analysis on USAU
U.S. Gold Price Performance
The firm has a market capitalization of $92.40 million, a PE ratio of -7.50 and a beta of 1.54. The firm has a fifty day moving average price of $6.98 and a 200 day moving average price of $6.23.
U.S. Gold (NASDAQ:USAU - Get Free Report) last announced its earnings results on Monday, December 16th. The technology company reported ($0.20) EPS for the quarter. On average, sell-side analysts expect that U.S. Gold Corp. will post -0.97 EPS for the current year.
Hedge Funds Weigh In On U.S. Gold
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its stake in U.S. Gold by 3.7% during the 3rd quarter. Geode Capital Management LLC now owns 105,496 shares of the technology company's stock valued at $613,000 after purchasing an additional 3,778 shares during the period. Jane Street Group LLC bought a new position in U.S. Gold during the third quarter worth $118,000. Quadrature Capital Ltd acquired a new position in U.S. Gold during the 3rd quarter valued at $59,000. Prospera Financial Services Inc boosted its holdings in U.S. Gold by 3.8% in the 3rd quarter. Prospera Financial Services Inc now owns 54,500 shares of the technology company's stock valued at $317,000 after purchasing an additional 2,000 shares during the period. Finally, JPMorgan Chase & Co. grew its position in 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 worth $42,000 after purchasing an additional 7,162 shares during the last quarter. Institutional investors own 6.64% of the company's stock.
U.S. 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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