U.S. Gold (NASDAQ:USAU – Get Free Report) announced its quarterly earnings results on Monday. The technology company reported ($0.22) EPS for the quarter, beating analysts’ consensus estimates of ($0.32) by $0.10, Zacks reports.
U.S. Gold Trading Up 2.5 %
Shares of USAU traded up $0.14 during midday trading on Wednesday, hitting $5.68. The stock had a trading volume of 4,089 shares, compared to its average volume of 86,297. U.S. Gold has a 1 year low of $2.92 and a 1 year high of $7.06. The stock’s 50 day moving average is $5.73 and its 200 day moving average is $4.58.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reaffirmed a “buy” rating and issued a $11.00 price objective on shares of U.S. Gold in a research note on Monday, June 3rd.
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.
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