U.S. GoldMining Inc. (NASDAQ:USGO - Get Free Report) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 61,900 shares, a growth of 163.4% from the November 15th total of 23,500 shares. Based on an average daily volume of 73,200 shares, the short-interest ratio is currently 0.8 days. Currently, 3.4% of the shares of the company are sold short.
U.S. GoldMining Stock Up 6.3 %
Shares of USGO stock traded up $0.65 during mid-day trading on Thursday, reaching $11.03. The stock had a trading volume of 38,664 shares, compared to its average volume of 25,805. U.S. GoldMining has a 1-year low of $5.00 and a 1-year high of $14.46. The business's fifty day moving average is $10.45 and its 200-day moving average is $7.47.
Analyst Ratings Changes
Separately, HC Wainwright upped their target price on U.S. GoldMining from $23.50 to $24.00 and gave the company a "buy" rating in a research report on Wednesday, October 2nd.
Get Our Latest Stock Analysis on USGO
U.S. GoldMining Company Profile
(
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U.S. GoldMining Inc, an exploration stage company, engages in the exploration and development of mineral properties in the United States. The company's primary asset is the 100%-owned Whistler exploration property, a gold-copper exploration project comprising mining claims totaling 53,700 acres located in Yentna Mining District, Alaska.
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