U.S. Gold (NASDAQ:USAU) Releases Earnings Results

U.S. Gold (NASDAQ:USAU) released its quarterly earnings data on Monday. The technology company reported ($0.20) earnings per share for the quarter, Zacks reports.

U.S. Gold Price Performance

NASDAQ:USAU traded down $0.22 during mid-day trading on Monday, reaching $6.75. The stock had a trading volume of 139,082 shares, compared to its average volume of 99,101. The stock has a market cap of $73.34 million, a P/E ratio of -8.13 and a beta of 1.50. The business’s 50 day moving average is $6.76 and its 200 day moving average is $6.01. U.S. Gold has a fifty-two week low of $3.20 and a fifty-two week high of $8.61.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright boosted their price target on shares of U.S. Gold from $11.00 to $13.00 and gave the company a “buy” rating in a report on Wednesday, November 20th.

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.