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

U.S. Gold (NASDAQ:USAU) announced its quarterly earnings data 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 Trading Up 3.9 %

NASDAQ:USAU opened at $9.84 on Wednesday. U.S. Gold has a 1 year low of $3.40 and a 1 year 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 stock has a 50-day moving average price of $8.09 and a two-hundred day moving average price of $6.98.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on USAU shares. HC Wainwright lifted their price objective on U.S. Gold from $11.00 to $13.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Roth Capital raised U.S. Gold to a “strong-buy” rating in a research note on Wednesday, December 18th. Finally, Roth Mkm assumed coverage on U.S. Gold in a research note on Wednesday, December 18th. They set a “buy” rating and a $10.00 price objective for the company.

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.