U.S. Gold (NASDAQ:USAU) Releases Earnings Results, Misses Expectations By $0.27 EPS

U.S. Gold (NASDAQ:USAU) issued its quarterly earnings results on Monday. The technology company reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.27), Zacks reports.

U.S. Gold Stock Up 3.9 %

USAU opened at $9.84 on Wednesday. U.S. Gold has a 12-month low of $3.40 and a 12-month high of $10.19. The stock has a market cap of $122.86 million, a price-to-earnings ratio of -9.84 and a beta of 1.48. The business has a 50 day moving average of $8.09 and a 200-day moving average of $6.98.

Wall Street Analyst Weigh In

Several analysts recently issued reports on USAU shares. Roth Mkm started coverage on U.S. Gold in a report on Wednesday, December 18th. They set a “buy” rating and a $10.00 target price on the stock. Roth Capital raised U.S. Gold to a “strong-buy” rating in a research report on Wednesday, December 18th. Finally, HC Wainwright increased their price target on U.S. Gold from $11.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th.

U.S. Gold Company Profile

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.