HC Wainwright Reiterates Buy Rating for U.S. GoldMining (NASDAQ:USGO)

U.S. GoldMining (NASDAQ:USGO)‘s stock had its “buy” rating reissued by research analysts at HC Wainwright in a research note issued to investors on Thursday, Benzinga reports. They currently have a $23.50 price objective on the stock. HC Wainwright’s target price would indicate a potential upside of 354.55% from the stock’s current price. HC Wainwright also issued estimates for U.S. GoldMining’s FY2025 earnings at ($0.57) EPS.

U.S. GoldMining Price Performance

USGO stock opened at $5.17 on Thursday. U.S. GoldMining has a twelve month low of $4.91 and a twelve month high of $9.87. The business’s 50-day simple moving average is $5.65 and its 200 day simple moving average is $5.84.

U.S. GoldMining Company Profile

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.