Renaissance Technologies LLC Sells 11,744 Shares of U.S. Gold Corp. (NASDAQ:USAU)

Renaissance Technologies LLC lessened its holdings in shares of U.S. Gold Corp. (NASDAQ:USAU) by 51.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,051 shares of the technology company’s stock after selling 11,744 shares during the quarter. Renaissance Technologies LLC owned 0.12% of U.S. Gold worth $57,000 as of its most recent SEC filing.

U.S. Gold Stock Down 0.3 %

NASDAQ USAU opened at $5.90 on Tuesday. The company has a market cap of $55.06 million, a PE ratio of -8.08 and a beta of 1.45. U.S. Gold Corp. has a 52 week low of $3.05 and a 52 week high of $7.06. The firm’s 50-day simple moving average is $5.52 and its two-hundred day simple moving average is $5.31.

U.S. Gold (NASDAQ:USAU) last announced its quarterly earnings results on Monday, September 16th. The technology company reported ($0.24) earnings per share (EPS) for the quarter. As a group, equities research analysts anticipate that U.S. Gold Corp. will post -0.94 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, HC Wainwright restated a “buy” rating and set a $11.00 price target on shares of U.S. Gold in a research note on Thursday, September 5th.

U.S. Gold Profile

U.S. Gold Corp. engages in the exploration and development of gold and precious metals in the United States. It also explores for copper and silver deposits. The company holds 100% interests in the CK Gold project, which consists of various mining leases and other mineral rights covering approximately 1,120 acres in Laramie County, Wyoming; the Keystone project that consists of 601 unpatented lode mining claims covering approximately 20 square miles in Eureka County, Nevada; and the Challis Gold project, which consists of 77 unpatented lode mining claims covering approximately 1,710 acres in Lemhi County, Idaho.