U.S. Gold Corp. (NASDAQ:USAU – Get Rating) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.06 and traded as low as $4.09. U.S. Gold shares last traded at $4.20, with a volume of 9,316 shares.
Analyst Ratings Changes
Separately, HC Wainwright cut their price objective on U.S. Gold from $14.50 to $11.00 and set a “buy” rating on the stock in a research report on Wednesday, August 3rd.
U.S. Gold Price Performance
The company has a fifty day simple moving average of $3.94 and a 200-day simple moving average of $5.06.
Insider Activity at U.S. Gold
Institutional Trading of U.S. Gold
A number of hedge funds have recently modified their holdings of the stock. Advisor Group Holdings Inc. raised its position in shares of U.S. Gold by 19.7% in the 4th quarter. Advisor Group Holdings Inc. now owns 9,281 shares of the technology company’s stock valued at $83,000 after buying an additional 1,530 shares in the last quarter. State Street Corp lifted its position in shares of U.S. Gold by 72.2% during the 1st quarter. State Street Corp now owns 22,900 shares of the technology company’s stock valued at $160,000 after acquiring an additional 9,600 shares during the period. Finally, Virtu Financial LLC acquired a new position in U.S. Gold during the first quarter worth $172,000. Institutional investors and hedge funds own 5.00% of the company’s stock.
About U.S. Gold
U.S. Gold Corp. operates as a gold and precious metals exploration company. It explores for gold, copper, silver, and zinc deposits. The company holds interest in the CK Gold project located in the Silver Crown mining district of southeast Wyoming. It also holds interests in the Keystone and Maggie Creek exploration properties located on the Cortez and Carlin Trends in Eureka County, Nevada; and the Challis Gold project located in Idaho.
- Get a free copy of the StockNews.com research report on U.S. Gold (USAU)
- 3 Airline Stocks Stuck in a Holding Pattern
- Roku Stock is Down but Not Out
- If You’re Hungry for Value, Take a Bite on Ruth’s Hospitality Grp
- Is Ford Rolling To A Rebound After Its Q3 Warning
- Has AMD stock stock fallen too far?
Receive News & Ratings for U.S. Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Gold and related companies with MarketBeat.com's FREE daily email newsletter.