US Gold Corp (NASDAQ:USAU) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus target price of $2.88 for the company, according to Zacks. Zacks has also assigned US Gold an industry rank of 44 out of 255 based on the ratings given to its competitors.
Separately, HC Wainwright reaffirmed a “buy” rating and issued a $3.00 target price on shares of US Gold in a report on Thursday, October 18th.
A hedge fund recently bought a new stake in US Gold stock. Virtu Financial LLC acquired a new stake in shares of US Gold Corp (NASDAQ:USAU) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 29,378 shares of the technology company’s stock, valued at approximately $26,000. Virtu Financial LLC owned about 0.16% of US Gold as of its most recent SEC filing. 2.48% of the stock is currently owned by institutional investors.
Shares of US Gold stock opened at $0.92 on Thursday. US Gold has a fifty-two week low of $0.74 and a fifty-two week high of $2.25.
About US Gold
U.S. Gold Corp., an exploration stage company, focuses on the exploration and development of gold and precious metals properties in the United States. It has interests in the Keystone and the Gold Bar projects located on the Cortez trend in Nevada; and the Copper King gold and copper project located in southeast Wyoming.
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