U.S. Gold (NASDAQ:USAU – Get Free Report) released its earnings results on Monday. The technology company reported ($0.22) earnings per share for the quarter, beating the consensus estimate of ($0.32) by $0.10, Zacks reports.
U.S. Gold Stock Performance
NASDAQ USAU opened at $5.67 on Tuesday. The firm has a 50-day simple moving average of $5.75 and a 200 day simple moving average of $4.57. U.S. Gold has a twelve month low of $2.92 and a twelve month high of $7.06. The stock has a market cap of $52.90 million, a PE ratio of -7.77 and a beta of 1.47.
Analysts Set New Price Targets
Separately, HC Wainwright reiterated a “buy” rating and issued a $11.00 target price on shares of U.S. Gold in a research note on Monday, June 3rd.
U.S. Gold Company Profile
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.
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