U.S. Gold (NASDAQ:USAU – Get Free Report) issued its quarterly earnings results on Monday. The technology company reported ($0.22) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.32) by $0.10, Zacks reports.
U.S. Gold Stock Performance
Shares of USAU opened at $5.84 on Thursday. The stock has a fifty day moving average price of $5.73 and a 200 day moving average price of $4.59. U.S. Gold has a 12 month low of $2.92 and a 12 month high of $7.06.
Analyst Upgrades and Downgrades
Separately, HC Wainwright restated a “buy” rating and set a $11.00 price objective on shares of U.S. Gold in a research note on Monday, June 3rd.
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.
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