U.S. GoldMining Inc. (NASDAQ:USGOW) Short Interest Update

U.S. GoldMining Inc. (NASDAQ:USGOW) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 7,231 shares, a decrease of 58.9% from the April 30th total of 17,596 shares. Based on an average daily trading volume, of 165,980 shares, the days-to-cover ratio is currently 0.0 days.

U.S. GoldMining Stock Up 14.2%

USGOW stock traded up $0.01 during trading on Friday, reaching $0.05. 317,021 shares of the stock were exchanged, compared to its average volume of 121,817. U.S. GoldMining has a twelve month low of $0.02 and a twelve month high of $5.00. The firm’s 50 day moving average is $0.34 and its 200 day moving average is $0.73.

About U.S. GoldMining

U.S. GoldMining Inc (NASDAQ: USGOW) is a North American mineral exploration and development company focused on advancing gold and precious metal projects in the United States and Canada. The company’s flagship asset is the Whistler gold project, situated in Idaho’s historic Silver Valley mining district, where it is working to expand and delineate a significant gold resource. In addition to Whistler, U.S. GoldMining holds the Blue Ridge project in British Columbia’s Golden Triangle, targeting high-grade epithermal and porphyry-style gold-copper mineralization.

The company’s primary activities include systematic geological mapping, drilling programs, resource estimation and metallurgical test work, all aimed at moving its projects toward feasibility and eventual production.