Analysts Issue Forecasts for U.S. Gold FY2025 Earnings

U.S. Gold Corp. (NASDAQ:USAU) – Research analysts at Roth Capital issued their FY2025 earnings estimates for U.S. Gold in a report issued on Wednesday, December 18th. Roth Capital analyst J. Reagor expects that the technology company will post earnings of ($0.89) per share for the year. Roth Capital has a “Strong-Buy” rating on the stock. The consensus estimate for U.S. Gold’s current full-year earnings is ($1.06) per share.

U.S. Gold (NASDAQ:USAU) last posted its quarterly earnings results on Monday, December 16th. The technology company reported ($0.20) earnings per share (EPS) for the quarter.

USAU has been the subject of several other reports. HC Wainwright upped their price objective on U.S. Gold from $11.00 to $13.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Roth Mkm began coverage on shares of U.S. Gold in a research report on Wednesday. They issued a “buy” rating and a $10.00 target price on the stock.

U.S. Gold Price Performance

USAU opened at $6.50 on Friday. The business’s 50-day moving average is $6.84 and its two-hundred day moving average is $6.03. The firm has a market capitalization of $80.10 million, a PE ratio of -7.83 and a beta of 1.50. U.S. Gold has a 1 year low of $3.20 and a 1 year high of $8.61.

Institutional Trading of U.S. Gold

Several large investors have recently made changes to their positions in USAU. Quadrature Capital Ltd bought a new position in shares of U.S. Gold during the 3rd quarter valued at approximately $59,000. Prospera Financial Services Inc grew its stake in shares of U.S. Gold by 3.8% during the 3rd quarter. Prospera Financial Services Inc now owns 54,500 shares of the technology company’s stock worth $317,000 after acquiring an additional 2,000 shares during the period. Jane Street Group LLC purchased a new stake in U.S. Gold in the 3rd quarter worth about $118,000. Finally, Geode Capital Management LLC lifted its holdings in U.S. Gold by 3.7% during the third quarter. Geode Capital Management LLC now owns 105,496 shares of the technology company’s stock valued at $613,000 after purchasing an additional 3,778 shares during the last quarter. 6.64% of the stock is currently owned by institutional investors and hedge funds.

About U.S. Gold

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.