US Gold Corp (NASDAQ:USAU) Given Consensus Rating of “Hold” by Brokerages

by · The Markets Daily

US Gold Corp (NASDAQ:USAU – Get Free Report) has been assigned a consensus rating of “Hold” from the five ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $17.3333.

USAU has been the topic of several research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of US Gold in a report on Wednesday, October 8th. Zacks Research downgraded shares of US Gold from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. HC Wainwright raised their target price on shares of US Gold from $15.00 to $22.00 and gave the stock a “buy” rating in a report on Thursday, September 25th. Roth Capital boosted their target price on shares of US Gold from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Monday, September 22nd. Finally, Wall Street Zen downgraded US Gold from a “hold” rating to a “sell” rating in a research report on Saturday.

Check Out Our Latest Report on USAU

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of USAU. Quantbot Technologies LP acquired a new stake in shares of US Gold during the 2nd quarter worth approximately $25,000. SBI Securities Co. Ltd. grew its position in US Gold by 18,050.0% during the second quarter. SBI Securities Co. Ltd. now owns 2,178 shares of the technology company’s stock valued at $27,000 after buying an additional 2,166 shares during the period. BNP Paribas Financial Markets grew its position in US Gold by 157.5% during the third quarter. BNP Paribas Financial Markets now owns 2,413 shares of the technology company’s stock valued at $40,000 after buying an additional 1,476 shares during the period. Ameritas Advisory Services LLC increased its holdings in US Gold by 26,900.0% in the third quarter. Ameritas Advisory Services LLC now owns 2,700 shares of the technology company’s stock valued at $44,000 after buying an additional 2,690 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey acquired a new position in shares of US Gold in the second quarter worth about $33,000. 6.64% of the stock is owned by institutional investors and hedge funds.

US Gold Price Performance

Shares of USAU stock opened at $17.43 on Friday. The business has a fifty day moving average of $16.51 and a 200 day moving average of $14.14. US Gold has a 1 year low of $5.86 and a 1 year high of $19.20. The firm has a market capitalization of $250.82 million, a price-to-earnings ratio of -10.63 and a beta of 0.96.

US Gold (NASDAQ:USAU – Get Free Report) last announced its quarterly earnings data on Wednesday, December 10th. The technology company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.18). As a group, equities research analysts expect that US Gold will post -0.95 earnings per share for the current year.

About US Gold

(Get Free Report)

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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