U.S. GoldMining Inc. (NASDAQ:USGOW – Get Free Report)’s stock price rose 2.2% during mid-day trading on Wednesday . The company traded as high as $0.50 and last traded at $0.4599. Approximately 9,946 shares changed hands during trading, a decline of 83% from the average daily volume of 58,665 shares. The stock had previously closed at $0.4499.
U.S. GoldMining Price Performance
The firm’s 50-day simple moving average is $1.17 and its 200 day simple moving average is $1.05.
U.S. GoldMining Company Profile
U.S. GoldMining Inc (NASDAQ: USGOW) is a North American mineral exploration and development company focused on advancing gold and precious metal projects in the United States and Canada. The company’s flagship asset is the Whistler gold project, situated in Idaho’s historic Silver Valley mining district, where it is working to expand and delineate a significant gold resource. In addition to Whistler, U.S. GoldMining holds the Blue Ridge project in British Columbia’s Golden Triangle, targeting high-grade epithermal and porphyry-style gold-copper mineralization.
The company’s primary activities include systematic geological mapping, drilling programs, resource estimation and metallurgical test work, all aimed at moving its projects toward feasibility and eventual production.
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