US Gold Corp (NASDAQ:USAU – Free Report) – Equities research analysts at HC Wainwright dropped their FY2026 earnings per share estimates for shares of US Gold in a research note issued on Thursday, April 2nd. HC Wainwright analyst H. Ihle now anticipates that the technology company will post earnings of ($1.02) per share for the year, down from their prior forecast of ($0.98). HC Wainwright has a “Buy” rating and a $27.50 price target on the stock. The consensus estimate for US Gold’s current full-year earnings is ($0.95) per share.
Other research analysts also recently issued reports about the company. Roth Mkm reaffirmed a “buy” rating and set a $26.00 target price (up from $20.00) on shares of US Gold in a report on Monday, December 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of US Gold in a report on Wednesday, January 21st. Finally, Wall Street Zen downgraded US Gold from a “hold” rating to a “sell” rating in a report on Saturday, December 13th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $26.75.
US Gold Stock Down 8.0%
Shares of USAU stock opened at $14.19 on Tuesday. The firm has a market capitalization of $234.15 million, a P/E ratio of -9.79 and a beta of 0.89. US Gold has a twelve month low of $7.80 and a twelve month high of $23.75. The stock’s fifty day simple moving average is $16.86 and its 200 day simple moving average is $17.39.
US Gold (NASDAQ:USAU – Get Free Report) last issued its quarterly earnings data on Monday, March 16th. The technology company reported ($0.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.22).
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quantbot Technologies LP acquired a new position in US Gold during the 2nd quarter worth about $25,000. CIBC Private Wealth Group LLC acquired a new position in shares of US Gold in the 4th quarter valued at about $39,000. BNP Paribas Financial Markets lifted its stake in shares of US Gold by 157.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,413 shares of the technology company’s stock valued at $40,000 after purchasing an additional 1,476 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of US Gold in the 4th quarter valued at about $44,000. Finally, Ameritas Advisory Services LLC lifted its stake in shares of US Gold by 26,900.0% in the 3rd quarter. Ameritas Advisory Services LLC now owns 2,700 shares of the technology company’s stock valued at $44,000 after purchasing an additional 2,690 shares during the period. 6.64% of the stock is owned by institutional investors and hedge funds.
About US Gold
US Gold Corporation (NASDAQ: USAU) is a U.S.-based mineral exploration and development company focused on advancing gold and copper projects in key mining jurisdictions across the United States. The company’s flagship asset is the Copper King project in Park County, Wyoming, where US Gold holds more than 10,000 contiguous acres in the historic Sweetwater Mining District. Copper King is a bulk-tonnage, porphyry-style copper-gold property for which the company has completed multiple drilling campaigns, metallurgical testing and a preliminary economic assessment.
In addition to Copper King, US Gold controls the Keystone project on the northern Black Hills Gold Trend in South Dakota.
Further Reading
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