HC Wainwright Lowers US Gold (NASDAQ:USAU) Price Target to $18.00

Share on StockTwits

US Gold (NASDAQ:USAU) had its price target trimmed by HC Wainwright from $19.50 to $18.00 in a research report report published on Monday morning, AnalystRatings.com reports. The brokerage currently has a buy rating on the technology company’s stock.

Several other equities research analysts also recently weighed in on the company. Zacks Investment Research downgraded US Gold from a buy rating to a sell rating in a research report on Friday, August 14th. ValuEngine downgraded US Gold from a strong-buy rating to a buy rating in a report on Friday, May 22nd.

Shares of NASDAQ USAU opened at $12.51 on Monday. US Gold has a 1-year low of $2.61 and a 1-year high of $14.44. The business has a 50-day moving average of $8.45 and a 200-day moving average of $5.13. The company has a market capitalization of $39.19 million, a price-to-earnings ratio of -3.95 and a beta of 1.46.

US Gold Company Profile

U.S. Gold Corp. operates as a gold exploration and development company in the United States. It has a portfolio of development and exploration properties. The company's properties include the Copper King project, an advanced stage gold and copper exploration and development project located in southeast Wyoming; Keystone project, an exploration property on the Cortez Trend in Nevada; and the Gold Bar North project, a gold exploration property located in Eureka County, Nevada.

Read More: What is the return on assets (ROA) ratio?

Receive News & Ratings for US Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Gold and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply