HC Wainwright Predicts U.S. GoldMining FY2025 Earnings

U.S. GoldMining Inc. (NASDAQ:USGO) – HC Wainwright issued their FY2025 earnings estimates for U.S. GoldMining in a report issued on Tuesday, January 13th. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of ($0.35) for the year. The consensus estimate for U.S. GoldMining’s current full-year earnings is ($0.69) per share. HC Wainwright also issued estimates for U.S. GoldMining’s FY2026 earnings at ($0.47) EPS.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of U.S. GoldMining in a research report on Friday, January 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $26.50.

U.S. GoldMining Trading Up 2.3%

Shares of USGO opened at $11.48 on Thursday. The stock has a 50 day moving average of $9.74 and a 200 day moving average of $9.94. The company has a market capitalization of $152.34 million, a price-to-earnings ratio of -21.66 and a beta of 2.21. U.S. GoldMining has a 12 month low of $7.42 and a 12 month high of $14.93.

U.S. GoldMining (NASDAQ:USGO) last posted its quarterly earnings data on Thursday, November 13th. The company reported ($0.22) EPS for the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. New York State Common Retirement Fund bought a new position in shares of U.S. GoldMining in the second quarter valued at approximately $93,000. FNY Investment Advisers LLC bought a new position in U.S. GoldMining in the 4th quarter valued at $133,000. Bank of America Corp DE boosted its holdings in U.S. GoldMining by 580.1% in the 3rd quarter. Bank of America Corp DE now owns 12,554 shares of the company’s stock valued at $161,000 after purchasing an additional 10,708 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of U.S. GoldMining by 33.3% during the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 24,000 shares of the company’s stock valued at $197,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of U.S. GoldMining in the third quarter worth $200,000. Hedge funds and other institutional investors own 0.49% of the company’s stock.

U.S. GoldMining Company Profile

U.S. GoldMining Inc is a mineral exploration and development company focused on the acquisition, exploration and advancement of gold assets in the Americas. The company’s flagship project is West Desert, located in Utah’s Great Basin region, where it has completed detailed technical studies and resource modeling. In addition to West Desert, U.S. GoldMining has recently added the Colossus gold project in Pará State, Brazil, to its portfolio and holds interests in the Copper King deposit in Wyoming.