U.S. Gold (NASDAQ:USAU – Get Rating)'s stock had its "buy" rating restated by stock analysts at HC Wainwright in a research report issued on Thursday, Benzinga reports. They currently have a $10.50 price target on the technology company's stock. HC Wainwright's price target points to a potential upside of 153.62% from the company's current price.
U.S. Gold Trading Down 6.8 %
USAU stock opened at $4.14 on Thursday. U.S. Gold has a twelve month low of $3.50 and a twelve month high of $10.10. The company has a market capitalization of $34.61 million, a P/E ratio of -3.26 and a beta of 1.21. The firm has a 50 day simple moving average of $4.65 and a 200-day simple moving average of $4.16.
Get U.S. Gold alerts:U.S. Gold (NASDAQ:USAU – Get Rating) last announced its quarterly earnings data on Thursday, December 15th. The technology company reported ($0.23) earnings per share (EPS) for the quarter. On average, research analysts predict that U.S. Gold will post -0.96 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Citadel Advisors LLC purchased a new position in U.S. Gold in the 3rd quarter worth about $57,000. Virtu Financial LLC acquired a new stake in U.S. Gold in the 1st quarter worth approximately $172,000. Finally, State Street Corp lifted its holdings in U.S. Gold by 72.2% in the 1st quarter. State Street Corp now owns 22,900 shares of the technology company's stock worth $160,000 after purchasing an additional 9,600 shares during the last quarter. 4.78% of the stock is owned by institutional investors and hedge funds.U.S. Gold Company Profile
(Get Rating)
U.S. Gold Corp. is an U.S. focused gold exploration company. The company has a portfolio of exploration properties. Copper King, now the CK Gold Project, is located in Southeast Wyoming and has a Preliminary Economic Assessment (PEA) technical report, which was completed by Mine Development Associates.
Further Reading
- Get a free copy of the StockNews.com research report on U.S. Gold (USAU)
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