FY2025 EPS Estimate for U.S. Gold Decreased by Analyst

U.S. Gold Corp. (NASDAQ:USAU) – Analysts at HC Wainwright reduced their FY2025 earnings per share estimates for shares of U.S. Gold in a research report issued to clients and investors on Wednesday, November 20th. HC Wainwright analyst H. Ihle now expects that the technology company will earn ($1.06) per share for the year, down from their prior estimate of ($0.94). HC Wainwright currently has a “Buy” rating and a $13.00 price objective on the stock. The consensus estimate for U.S. Gold’s current full-year earnings is ($1.06) per share.

U.S. Gold Stock Performance

USAU stock opened at $8.01 on Friday. The stock’s 50 day simple moving average is $6.18 and its 200 day simple moving average is $5.76. The company has a market cap of $86.27 million, a P/E ratio of -9.65 and a beta of 1.45. U.S. Gold has a fifty-two week low of $3.20 and a fifty-two week high of $8.50.

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

Institutional Investors Weigh In On U.S. Gold

Institutional investors have recently bought and sold shares of the stock. Quadrature Capital Ltd bought a new position in U.S. Gold in the 3rd quarter valued at $59,000. Jane Street Group LLC purchased a new stake in U.S. Gold during the third quarter worth about $118,000. Prospera Financial Services Inc raised its position in U.S. Gold by 3.8% in the third quarter. Prospera Financial Services Inc now owns 54,500 shares of the technology company’s stock worth $317,000 after acquiring an additional 2,000 shares during the period. Finally, Geode Capital Management LLC boosted its stake in U.S. Gold by 3.7% in the third 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. 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.