U.S. Gold (USAU) Projected to Post Quarterly Earnings on Monday

U.S. Gold (NASDAQ:USAU) is anticipated to post its quarterly earnings results before the market opens on Monday, March 17th. Analysts expect U.S. Gold to post earnings of ($0.16) per share for the quarter.

U.S. Gold (NASDAQ:USAU) last announced its earnings results on Monday, December 16th. The technology company reported ($0.20) earnings per share (EPS) for the quarter. On average, analysts expect U.S. Gold to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

U.S. Gold Trading Up 1.6 %

Shares of USAU opened at $8.99 on Friday. The firm has a market cap of $112.25 million, a PE ratio of -8.99 and a beta of 1.48. The company’s 50 day simple moving average is $7.94 and its 200-day simple moving average is $6.91. U.S. Gold has a 12-month low of $3.40 and a 12-month high of $9.85.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on USAU shares. Roth Mkm started coverage on shares of U.S. Gold in a research report on Wednesday, December 18th. They issued a “buy” rating and a $10.00 price objective on the stock. HC Wainwright lifted their price objective on shares of U.S. Gold from $11.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Finally, Roth Capital upgraded shares of U.S. Gold to a “strong-buy” rating in a research report on Wednesday, December 18th.

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.