FY2025 EPS Estimates for U.S. Gold Reduced by HC Wainwright

U.S. Gold Corp. (NASDAQ:USAU) – HC Wainwright lowered their FY2025 earnings estimates for U.S. Gold in a report issued on Wednesday, November 20th. HC Wainwright analyst H. Ihle now forecasts that the technology company will post earnings of ($1.06) per share for the year, down from their previous estimate of ($0.94). 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 ($0.94) per share.

U.S. Gold Trading Up 0.6 %

Shares of USAU stock opened at $7.88 on Friday. The stock has a market capitalization of $84.87 million, a price-to-earnings ratio of -9.49 and a beta of 1.45. U.S. Gold has a 12-month low of $3.20 and a 12-month high of $8.50. The stock’s 50-day moving average price is $6.10 and its 200-day moving average price is $5.72.

U.S. Gold (NASDAQ:USAU) last announced its quarterly earnings results on Monday, September 16th. The technology company reported ($0.24) EPS for the quarter.

Institutional Trading of U.S. Gold

Large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its position in shares of 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 acquiring an additional 3,778 shares during the last quarter. Jane Street Group LLC purchased a new stake in U.S. Gold during the third quarter valued at $118,000. Quadrature Capital Ltd bought a new position in U.S. Gold during the third quarter valued at $59,000. Finally, Prospera Financial Services Inc grew its stake in shares of U.S. Gold by 3.8% in the 3rd quarter. Prospera Financial Services Inc now owns 54,500 shares of the technology company’s stock worth $317,000 after buying an additional 2,000 shares in the last quarter. Institutional investors own 6.64% of the company’s stock.

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.