HC Wainwright Lowers Earnings Estimates for U.S. GoldMining

U.S. GoldMining Inc. (NASDAQ:USGOFree Report) – Equities research analysts at HC Wainwright reduced their FY2024 earnings estimates for shares of U.S. GoldMining in a report released on Tuesday, January 7th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of ($0.69) per share for the year, down from their previous forecast of ($0.47). HC Wainwright has a “Buy” rating and a $26.50 price objective on the stock. The consensus estimate for U.S. GoldMining’s current full-year earnings is ($0.47) per share. HC Wainwright also issued estimates for U.S. GoldMining’s FY2025 earnings at ($0.58) EPS.

U.S. GoldMining Stock Up 12.4 %

NASDAQ:USGO opened at $8.25 on Thursday. U.S. GoldMining has a 52-week low of $5.00 and a 52-week high of $14.46. The stock’s 50-day simple moving average is $9.73 and its 200 day simple moving average is $7.84.

About U.S. GoldMining

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U.S. GoldMining Inc, an exploration stage company, engages in the exploration and development of mineral properties in the United States. The company's primary asset is the 100%-owned Whistler exploration property, a gold-copper exploration project comprising mining claims totaling 53,700 acres located in Yentna Mining District, Alaska.

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