FY2025 EPS Estimates for U.S. Gold Lifted by HC Wainwright

U.S. Gold Corp. (NASDAQ:USAU) – Equities research analysts at HC Wainwright lifted their FY2025 EPS estimates for shares of U.S. Gold in a report issued on Wednesday, February 12th. HC Wainwright analyst H. Ihle now expects that the technology company will post earnings per share of ($1.02) for the year, up from their prior forecast of ($1.06). HC Wainwright currently has a “Buy” rating and a $13.00 target price on the stock. The consensus estimate for U.S. Gold’s current full-year earnings is ($0.97) per share. HC Wainwright also issued estimates for U.S. Gold’s FY2025 earnings at ($1.02) EPS and FY2026 earnings at ($0.81) EPS.

Several other brokerages also recently issued reports on USAU. Roth Mkm started coverage on shares of U.S. Gold in a research note on Wednesday, December 18th. They set a “buy” rating and a $10.00 price objective on the stock. Roth Capital raised U.S. Gold to a “strong-buy” rating in a research report on Wednesday, December 18th.

U.S. Gold Trading Down 2.0 %

NASDAQ:USAU opened at $8.78 on Monday. U.S. Gold has a 12-month low of $3.29 and a 12-month high of $9.66. The firm has a market cap of $108.17 million, a price-to-earnings ratio of -8.78 and a beta of 1.56. The company’s 50-day moving average is $7.20 and its two-hundred day moving average is $6.49.

U.S. Gold (NASDAQ:USAU) last released its quarterly earnings results on Monday, December 16th. The technology company reported ($0.20) earnings per share for the quarter.

Institutional Investors Weigh In On U.S. Gold

Institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC raised its stake in U.S. Gold by 3.7% during the third quarter. Geode Capital Management LLC now owns 105,496 shares of the technology company’s stock worth $613,000 after purchasing an additional 3,778 shares during the period. Renaissance Technologies LLC boosted its holdings in U.S. Gold by 296.4% in the fourth quarter. Renaissance Technologies LLC now owns 93,900 shares of the technology company’s stock valued at $576,000 after acquiring an additional 70,214 shares during the last quarter. Prospera Financial Services Inc grew its position in U.S. Gold by 3.8% during the third quarter. Prospera Financial Services Inc now owns 54,500 shares of the technology company’s stock valued at $317,000 after acquiring an additional 2,000 shares during the period. Commonwealth Equity Services LLC acquired a new stake in U.S. Gold during the fourth quarter worth about $190,000. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of U.S. Gold in the 4th quarter worth about $182,000. 6.64% of the stock is currently owned by hedge funds and other institutional investors.

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.