U.S. GoldMining (NASDAQ:USGO) Given New $24.00 Price Target at HC Wainwright

U.S. GoldMining (NASDAQ:USGOGet Free Report) had its target price increased by research analysts at HC Wainwright from $23.50 to $24.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. HC Wainwright’s price target points to a potential upside of 185.71% from the company’s current price.

U.S. GoldMining Trading Up 2.4 %

Shares of NASDAQ:USGO opened at $8.40 on Wednesday. The business’s 50-day simple moving average is $5.62 and its 200 day simple moving average is $5.89. U.S. GoldMining has a one year low of $4.91 and a one year high of $11.15.

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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