U.S. Gold Corp (NASDAQ: USAU) is 87.60% higher on its value in year-to-date trading and has touched a low of $3.40 and a high of $10.44 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The USAU stock was last observed hovering at around $10.30 in the last trading session, with the day’s gains setting it 1.2%.
Currently trading at $11.50, the stock is 30.57% and 40.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing 11.65% at the moment leaves the stock 74.74% off its SMA200. USAU registered 228.57% gain for a year compared to 6-month gain of 100.00%. The firm has a 50-day simple moving average (SMA 50) of $8.2076 and a 200-day simple moving average (SMA200) of $6.58125.
The stock witnessed a 27.35% loss in the last 1 month and extending the period to 3 months gives it a 70.37%, and is 29.94% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.68% over the week and 7.62% over the month.
U.S. Gold Corp (USAU) has around 4 employees, a market worth around $143.59M and $0.00M in sales. Distance from 52-week low is 238.24% and 10.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-84.98%).
The EPS is expected to shrink by -8.11% this year
39.0 institutions hold shares in U.S. Gold Corp (USAU), with institutional investors hold 16.57% of the company’s shares. The shares outstanding are 12.35M, and float is at 10.73M with Short Float at 1.30%. Institutions hold 14.42% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.34 million shares valued at $1.75 million. The investor’s holdings represent 3.6258 of the USAU Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 0.1 million shares valued at $0.53 million to account for 1.09 of the shares outstanding. The other top investors are PROSPERA FINANCIAL SERVICES INC which holds 52500.0 shares representing 0.5626 and valued at over $0.27 million, while BLACKROCK INC. holds 0.5099 of the shares totaling 47587.0 with a market value of $0.25 million.
U.S. Gold Corp (USAU) Insider Activity
The most recent transaction is an insider purchase by Bee George M, the company’s CEO, President. SEC filings show that Bee George M bought 3,371 shares of the company’s common stock on May 22 ’24 at a price of $5.90 per share for a total of $19883.0. Following the purchase, the insider now owns 0.4 million shares.
U.S. Gold Corp disclosed in a document filed with the SEC on May 15 ’24 that Bee George M (CEO, President) bought a total of 3,939 shares of the company’s common stock. The trade occurred on May 15 ’24 and was made at $5.07 per share for $19982.0. Following the transaction, the insider now directly holds 0.4 million shares of the USAU stock.
Still, SEC filings show that on May 13 ’24, Bee George M (CEO, President) acquired 4,179 shares at an average price of $4.70 for $19651.0. The insider now directly holds 393,706 shares of U.S. Gold Corp (USAU).
