Wall Street Zen upgraded shares of U.S. GoldMining (NASDAQ:USGO – Free Report) from a strong sell rating to a sell rating in a report issued on Saturday morning,Wall Street Zen reports.
USGO has been the topic of a number of other reports. HC Wainwright reiterated a “buy” rating and issued a $30.75 price target on shares of U.S. GoldMining in a report on Wednesday, September 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of U.S. GoldMining in a research report on Friday, September 25th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $30.75.
Read Our Latest Stock Analysis on USGO
U.S. GoldMining Price Performance
Shares of USGO stock opened at $4.63 on Friday. The company’s 50 day moving average is $7.46 and its 200 day moving average is $9.99. U.S. GoldMining has a 52-week low of $4.35 and a 52-week high of $17.98.
U.S. GoldMining (NASDAQ:USGO – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($0.36) EPS for the quarter. Sell-side analysts expect that U.S. GoldMining will post -0.67 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of U.S. GoldMining during the 2nd quarter worth approximately $1,431,000. GSA Capital Partners LLP purchased a new stake in U.S. GoldMining during the second quarter valued at approximately $264,000. International Assets Investment Management LLC acquired a new stake in U.S. GoldMining in the first quarter valued at approximately $161,000. Finally, Themes Management Co LLC acquired a new stake in U.S. GoldMining in the first quarter valued at approximately $139,000. Hedge funds and other institutional investors own 0.49% of the company’s stock.
U.S. GoldMining Company Profile
U.S. GoldMining Inc is a mineral exploration and development company focused on advancing gold and copper assets in the United States. The company is not currently a producing mining company; its activities include mineral exploration, resource evaluation, technical studies and project development.
The company’s principal asset is the 100%-owned Whistler project in south-central Alaska, approximately 170 kilometers southwest of Anchorage. The project includes the Whistler, Raintree and Island Mountain deposits and is being evaluated for its potential to host a large-scale gold-copper development.
See Also
- Five stocks we like better than U.S. GoldMining
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for U.S. GoldMining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. GoldMining and related companies with MarketBeat.com's FREE daily email newsletter.
