U.S. Gold (NASDAQ:USAU – Get Free Report) released its quarterly earnings data on Monday. The technology company reported ($0.22) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.32) by $0.10, Zacks reports.
U.S. Gold Stock Down 2.9 %
USAU stock opened at $5.67 on Tuesday. U.S. Gold has a 52-week low of $2.92 and a 52-week high of $7.06. The stock’s fifty day simple moving average is $5.75 and its 200-day simple moving average is $4.57. The stock has a market capitalization of $52.90 million, a price-to-earnings ratio of -7.77 and a beta of 1.47.
Wall Street Analyst Weigh In
Separately, HC Wainwright reissued a “buy” rating and set a $11.00 target price 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.
Featured Articles
- Five stocks we like better than U.S. Gold
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Has Micron’s Stock Drop Turned Into A Screaming Buy?
- What Does Downgrade Mean in Investing?
- Should You Invest in Bonds? Here’s What to Know
- What is the Euro STOXX 50 Index?
- Why This Manufacturer is Committing to a Massive Buyback Program
Receive News & Ratings for U.S. Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Gold and related companies with MarketBeat.com's FREE daily email newsletter.
