U.S. Gold Corp. (NASDAQ:USAU – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.06 and traded as high as $6.06. U.S. Gold shares last traded at $5.95, with a volume of 215,763 shares.
Wall Street Analyst Weigh In
Separately, HC Wainwright reaffirmed a “buy” rating and issued a $11.00 target price on shares of U.S. Gold in a research report on Thursday, September 5th.
View Our Latest Stock Report on U.S. Gold
U.S. Gold Stock Up 6.1 %
U.S. Gold (NASDAQ:USAU – Get Free Report) last posted its quarterly earnings data on Monday, September 16th. The technology company reported ($0.24) earnings per share for the quarter. As a group, equities analysts predict that U.S. Gold Corp. will post -0.94 earnings per share for the current fiscal year.
U.S. Gold Company 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.
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