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.
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