In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on U.S. GoldMining Inc. (USGO – Research Report), with a price target of $22.00. The company’s shares closed yesterday at $9.58.
According to TipRanks, Ihle is an analyst with an average return of -19.0% and a 21.04% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Avino Silver & Gold, Endeavour Silver, and First Majestic Silver.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for U.S. GoldMining Inc. with a $22.00 average price target.
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The company has a one-year high of $17.24 and a one-year low of $8.31. Currently, U.S. GoldMining Inc. has an average volume of 27.18K.
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US Goldmining Inc is a mineral exploration and development company. It is a focused on the exploration and development of a project located in Alaska, USA. The company’s sole property is Whistler Project which is a gold-copper exploration project located in the Yentna Mining District, approximately 150 km northwest of Anchorage, Alaska.
