Analysts Offer Predictions for U.S. Gold FY2025 Earnings

U.S. Gold Corp. (NASDAQ:USAU) – Research analysts at HC Wainwright boosted their FY2025 earnings per share (EPS) estimates for shares of U.S. Gold in a report released on Wednesday, February 12th. HC Wainwright analyst H. Ihle now forecasts that the technology company will earn ($1.02) per share for the year, up from their previous estimate of ($1.06). HC Wainwright currently has a “Buy” rating and a $13.00 target price on the stock. The consensus estimate for U.S. Gold’s current full-year earnings is ($0.97) per share. HC Wainwright also issued estimates for U.S. Gold’s FY2025 earnings at ($1.02) EPS and FY2026 earnings at ($0.81) EPS.

Other analysts have also issued reports about the stock. Roth Mkm assumed coverage on shares of U.S. Gold in a research report on Wednesday, December 18th. They set a “buy” rating and a $10.00 price target for the company. Roth Capital raised U.S. Gold to a “strong-buy” rating in a research note on Wednesday, December 18th.

U.S. Gold Stock Performance

USAU stock opened at $8.96 on Monday. The firm has a market cap of $110.39 million, a P/E ratio of -8.96 and a beta of 1.56. The firm’s fifty day moving average is $7.17 and its 200 day moving average is $6.47. U.S. Gold has a 52 week low of $3.29 and a 52 week high of $9.66.

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

Institutional Investors Weigh In On U.S. Gold

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Prospera Financial Services Inc increased its position in shares of U.S. Gold by 3.8% in the third quarter. Prospera Financial Services Inc now owns 54,500 shares of the technology company’s stock valued at $317,000 after acquiring an additional 2,000 shares during the period. Quadrature Capital Ltd bought a new stake in shares of U.S. Gold in the third quarter worth about $59,000. Jane Street Group LLC purchased a new position in U.S. Gold during the 3rd quarter valued at about $118,000. Geode Capital Management LLC raised its position in U.S. Gold by 3.7% during the 3rd 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. Finally, JPMorgan Chase & Co. lifted its holdings in U.S. Gold by 5,775.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,286 shares of the technology company’s stock worth $42,000 after buying an additional 7,162 shares during the period. 6.64% of the stock is currently owned by institutional investors.

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.