Should I buy or sell U.S. GoldMining stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for U.S. GoldMining in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" USGO shares. View USGO analyst ratings or view top-rated stocks .

What is U.S. GoldMining's stock price target for 2024?

1 Wall Street analysts have issued 1 year target prices for U.S. GoldMining's stock. Their USGO share price targets range from $23.00 to $23.00. On average, they expect the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 242.8% from the stock's current price. View analysts price targets for USGO or view top-rated stocks among Wall Street analysts .

How have USGO shares performed in 2024?

U.S. GoldMining's stock was trading at $7.31 on January 1st, 2024. Since then, USGO stock has decreased by 8.2% and is now trading at $6.71. View the best growth stocks for 2024 here .

Are investors shorting U.S. GoldMining?

U.S. GoldMining saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 7,900 shares, a decrease of 24.8% from the March 15th total of 10,500 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is presently 1.2 days. Approximately 0.6% of the company's stock are short sold. View U.S. GoldMining's Short Interest .

When did U.S. GoldMining IPO?

U.S. GoldMining (USGO) raised $20 million in an initial public offering (IPO) on Thursday, April 20th 2023. The company issued 2,000,000 shares at $10.00 per share. H.C. Wainwright & Co. and BMO Capital Markets acted as the underwriters for the IPO.

How do I buy shares of U.S. GoldMining?

Shares of USGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Positive News SentimentPositive News

NASDAQ:USGO

U.S. GoldMining (USGO) Stock Price, News & Analysis

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)

Free USGO Stock Alerts

$6.71

-0.19 (-2.75%)

(As of 04/18/2024 ET)

Compare

Today's Range: $6.71
▼
$7.16
50-Day Range: $5.10
▼
$7.18
52-Week Range: $4.91
▼
$17.24

Volume: 2,615 shs
Average Volume: 6,831 shs
Market Capitalization: $83.20 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $23.00

Get U.S. GoldMining alerts:

U.S. GoldMining MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 242.8% Upside
$23.00 Price Target
Short Interest: Healthy
0.60% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.62 out of 5 stars

Basic Materials Sector

100th out of 173 stocks

Gold & Silver Ores Industry

11th out of 38 stocks

3.5

Analyst's Opinion

Consensus Rating
U.S. GoldMining has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
U.S. GoldMining has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.60% of the float of U.S. GoldMining has been sold short.
Short Interest Ratio / Days to Cover
U.S. GoldMining has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in U.S. GoldMining has recently decreased by 24.76%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
U.S. GoldMining does not currently pay a dividend.
Dividend Growth
U.S. GoldMining does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for USGO.

4.4

News and Social Media Coverage

News Sentiment
U.S. GoldMining has a news sentiment score of 1.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for U.S. GoldMining this week, compared to 0 articles on an average week.
Search Interest
4 people have searched for USGO on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
MarketBeat Follows
3 people have added U.S. GoldMining to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, U.S. GoldMining insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.49% of the stock of U.S. GoldMining is held by institutions.

0.0

Earnings and Valuation

Price to Book Value per Share Ratio
U.S. GoldMining has a P/B Ratio of 6.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad DTI

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

Click here for the full story

About U.S. GoldMining Stock (NASDAQ:USGO)

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. The company was incorporated in 2015 and is based in Vancouver, Canada. U.S. GoldMining Inc. operates as a subsidiary of GoldMining Inc.

USGO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

USGO Stock News Headlines

March 27, 2024 | finance.yahoo.com

We Think U.S. GoldMining (NASDAQ:USGO) Needs To Drive Business Growth Carefully

March 20, 2024 | seekingalpha.com

USGO U.S. GoldMining Inc.

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 23, 2024 | usatoday.com

Average salary in the U.S. in 2024

February 14, 2024 | benzinga.com

Top 5 Materials Stocks That May Explode This Month - Air Products & Chemicals (NYSE:APD), Axalta Coating Sys (NYSE:AXTA)

February 6, 2024 | dailymail.co.uk

US Health News

January 24, 2024 | finance.yahoo.com

GoldMining Subsidiary, U.S. GoldMining, Announces Confirmatory Results, Including Highest Drill Intercept to Date at the Whistler Gold-Copper Project, Alaska

January 1, 2024 | cbsnews.com

Breaking down the U.S.-Venezuela prisoner swap

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

December 1, 2023 | msn.com

EVA, TSE and LGO are among materials movers

November 30, 2023 | sg.news.yahoo.com

Gold holds ground ahead of US inflation test

November 29, 2023 | finance.yahoo.com

U.S. GoldMining Insiders Still US$27k Away From Original Investment Value

November 7, 2023 | finance.yahoo.com

U.S. GOLDMINING TARGETS EXPANSION AT THE WHISTLER GOLD-COPPER PROJECT, ALASKA

October 29, 2023 | msn.com

Crude oil climbs 3% as Israel expands Gaza ground operations

October 26, 2023 | travel.usnews.com

Celebrity Cruises

October 21, 2023 | newsweek.com

U.S. Economy

October 19, 2023 | finance.yahoo.com

Is U.S. GoldMining (NASDAQ:USGO) In A Good Position To Deliver On Growth Plans?

October 8, 2023 | cbsnews.com

U.S. F-16 fighter jet shoots down an armed Turkish drone over Syria

September 24, 2023 | forbes.com

Best U.S. Bank Credit Cards Of September 2023

September 15, 2023 | msn.com

GoldMining Inc.: Hard To Wrap My Head Around This One

September 15, 2023 | msn.com

GoldMining: Looking Cheap Following Recent Selloff (Rating Upgrade)

August 30, 2023 | cbsnews.com

3 U.S. Marines killed in Osprey aircraft crash in Australia

August 25, 2023 | markets.businessinsider.com

U.S. GoldMining Inc. (USGO) Gets a Buy from H.C. Wainwright

August 25, 2023 | cbsnews.com

U.S. credit card debt has increased. Here's why.

August 24, 2023 | newsweek.com

U.S.-Mexico border

August 21, 2023 | finance.yahoo.com

U.S. GOLDMINING COMMENCES DRILLING PROGRAM AT WHISTLER GOLD-COPPER PROJECT, ALASKA

August 20, 2023 | sports.yahoo.com

Americans rooting against US at World Cup don’t know difference between patriots, traitors

See More Headlines

Receive USGO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for U.S. GoldMining and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Today: 4/18/2024
Fiscal Year End: 11/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NASDAQ:USGO
CUSIP: N/A
CIK: 1947244
Web: www.us.goldmining.com
Phone: 833-388-9788
Fax: N/A
Employees: 6
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $23.00
High Stock Price Target: $23.00
Low Stock Price Target: $23.00
Potential Upside/Downside: +242.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 23.41
Quick Ratio: 23.41

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.99 per share
Price / Book: 6.78

Miscellaneous

Outstanding Shares: 12,400,000
Free Float: N/A
Market Cap: $83.20 million
Optionable: Not Optionable
Beta: N/A

7 Stocks to Own Before the 2024 Election

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Key Executives

Mr. Timothy Smith B.Sc. (Age 53)
M.Sc., P.Geo, CEO & President
Comp: $92.53k
Mr. Tyler Wong C.A. (Age 38)
Interim CFO, Secretary & Treasurer
Comp: $81.62k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

USGO Stock Analysis - Frequently Asked Questions

Should I buy or sell U.S. GoldMining stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for U.S. GoldMining in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" USGO shares.
View USGO analyst ratings or view top-rated stocks.
What is U.S. GoldMining's stock price target for 2024?: 1 Wall Street analysts have issued 1 year target prices for U.S. GoldMining's stock. Their USGO share price targets range from $23.00 to $23.00. On average, they expect the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 242.8% from the stock's current price.
View analysts price targets for USGO or view top-rated stocks among Wall Street analysts.
How have USGO shares performed in 2024?: U.S. GoldMining's stock was trading at $7.31 on January 1st, 2024. Since then, USGO stock has decreased by 8.2% and is now trading at $6.71.
View the best growth stocks for 2024 here.
Are investors shorting U.S. GoldMining?: U.S. GoldMining saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 7,900 shares, a decrease of 24.8% from the March 15th total of 10,500 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is presently 1.2 days. Approximately 0.6% of the company's stock are short sold.
View U.S. GoldMining's Short Interest.

When did U.S. GoldMining IPO?: U.S. GoldMining (USGO) raised $20 million in an initial public offering (IPO) on Thursday, April 20th 2023. The company issued 2,000,000 shares at $10.00 per share. H.C. Wainwright & Co. and BMO Capital Markets acted as the underwriters for the IPO.
How do I buy shares of U.S. GoldMining?: Shares of USGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:USGO) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

U.S. GoldMining (USGO) Stock Price, News & Analysis

U.S. GoldMining MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Institutions

Earnings and Valuation

Price to Book Value per Share Ratio

About U.S. GoldMining Stock (NASDAQ:USGO)

USGO Stock Price History

USGO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

USGO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™