U.S. GoldMining (NASDAQ:USGO) Trading Down 1.7% – Here’s What Happened

U.S. GoldMining Inc. (NASDAQ:USGOGet Free Report)’s stock price dropped 1.7% during trading on Wednesday . The stock traded as low as $10.01 and last traded at $10.22. Approximately 15,918 shares traded hands during trading, a decline of 19% from the average daily volume of 19,595 shares. The stock had previously closed at $10.40.

Wall Street Analyst Weigh In

Separately, HC Wainwright raised their price objective on U.S. GoldMining from $23.50 to $24.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd.

Get Our Latest Stock Report on USGO

U.S. GoldMining Stock Performance

The company has a 50-day simple moving average of $7.15 and a two-hundred day simple moving average of $6.42.

U.S. GoldMining Company Profile

(Get Free Report)

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.

Further Reading

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