HC Wainwright Analysts Lift Earnings Estimates for U.S. Gold

U.S. Gold Corp. (NASDAQ:USAU) – Investment analysts at HC Wainwright upped their FY2025 earnings per share estimates for shares of U.S. Gold in a research note issued to investors on Wednesday, February 12th. HC Wainwright analyst H. Ihle now anticipates that the technology company will earn ($1.02) per share for the year, up from their previous estimate of ($1.06). HC Wainwright has a “Buy” rating and a $13.00 price target on the stock. The consensus estimate for U.S. Gold’s current full-year earnings is ($0.97) per share. HC Wainwright also issued estimates for U.S. Gold’s FY2025 earnings at ($1.02) EPS and FY2026 earnings at ($0.81) EPS.

U.S. Gold (NASDAQ:USAU) last posted its earnings results on Monday, December 16th. The technology company reported ($0.20) earnings per share (EPS) for the quarter.

Other equities research analysts have also issued reports about the stock. Roth Capital raised shares of U.S. Gold to a “strong-buy” rating in a report on Wednesday, December 18th. Roth Mkm began coverage on U.S. Gold in a research report on Wednesday, December 18th. They set a “buy” rating and a $10.00 target price on the stock.

U.S. Gold Stock Down 2.0 %

Shares of NASDAQ:USAU opened at $8.78 on Monday. The company has a market capitalization of $108.17 million, a price-to-earnings ratio of -8.78 and a beta of 1.56. The company has a 50 day moving average of $7.20 and a two-hundred day moving average of $6.49. U.S. Gold has a 52-week low of $3.29 and a 52-week high of $9.66.

Institutional Trading of U.S. Gold

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Prospera Financial Services Inc grew its holdings in U.S. Gold by 3.8% during the 3rd 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 in the last quarter. Quadrature Capital Ltd acquired a new position in U.S. Gold in the third quarter worth about $59,000. Jane Street Group LLC bought a new stake in U.S. Gold in the third quarter valued at about $118,000. Geode Capital Management LLC raised its stake in U.S. Gold by 3.7% during the third quarter. Geode Capital Management LLC now owns 105,496 shares of the technology company’s stock valued at $613,000 after buying an additional 3,778 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in U.S. Gold by 5,775.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,286 shares of the technology company’s stock worth $42,000 after buying an additional 7,162 shares during the last quarter. Institutional investors own 6.64% of the company’s stock.

About U.S. Gold

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.