U.S. Gold Corp. (NASDAQ:USAU - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.55 and traded as high as $6.50. U.S. Gold shares last traded at $6.42, with a volume of 111,788 shares trading hands.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reaffirmed a "buy" rating and issued a $11.00 price target on shares of U.S. Gold in a report on Thursday, September 5th.
View Our Latest Stock Report on U.S. Gold
U.S. Gold Price Performance
The firm has a market cap of $67.53 million, a price-to-earnings ratio of -7.55 and a beta of 1.45. The firm has a fifty day simple moving average of $5.85 and a two-hundred day simple moving average of $5.57.
U.S. Gold (NASDAQ:USAU - Get Free Report) last released its earnings results on Monday, September 16th. The technology company reported ($0.24) earnings per share for the quarter. Equities analysts anticipate that U.S. Gold Corp. will post -0.94 earnings per share for the current fiscal year.
Institutional Trading of U.S. Gold
A hedge fund recently raised its stake in U.S. Gold stock. Prospera Financial Services Inc boosted its position in U.S. Gold Corp. (NASDAQ:USAU - Free Report) by 3.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,500 shares of the technology company's stock after buying an additional 2,000 shares during the period. Prospera Financial Services Inc owned approximately 0.51% of U.S. Gold worth $317,000 as of its most recent filing with the Securities & Exchange Commission. 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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