U.S. GoldMining Inc. (NASDAQ:USGOW – Get Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 17,596 shares, an increase of 2,233.7% from the April 15th total of 754 shares. Based on an average daily volume of 472,370 shares, the short-interest ratio is presently 0.0 days.
U.S. GoldMining Stock Performance
Shares of USGOW traded down $0.04 during midday trading on Monday, hitting $0.49. The company had a trading volume of 49,461 shares, compared to its average volume of 120,145. The company’s 50-day simple moving average is $0.58 and its 200-day simple moving average is $0.83. U.S. GoldMining has a 1 year low of $0.02 and a 1 year high of $5.00.
About U.S. GoldMining
U.S. GoldMining Inc (NASDAQ: USGOW) is a North American mineral exploration and development company focused on advancing gold and precious metal projects in the United States and Canada. The company’s flagship asset is the Whistler gold project, situated in Idaho’s historic Silver Valley mining district, where it is working to expand and delineate a significant gold resource. In addition to Whistler, U.S. GoldMining holds the Blue Ridge project in British Columbia’s Golden Triangle, targeting high-grade epithermal and porphyry-style gold-copper mineralization.
The company’s primary activities include systematic geological mapping, drilling programs, resource estimation and metallurgical test work, all aimed at moving its projects toward feasibility and eventual production.
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