Short Interest in U.S. GoldMining Inc. (NASDAQ:USGOW) Grows By 2,233.7%

U.S. GoldMining Inc. (NASDAQ:USGOW) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 17,596 shares, a growth of 2,233.7% from the April 15th total of 754 shares. Based on an average daily volume of 472,370 shares, the short-interest ratio is currently 0.0 days.

U.S. GoldMining Price Performance

Shares of USGOW stock traded down $0.04 on Monday, hitting $0.49. The stock had a trading volume of 49,461 shares, compared to its average volume of 120,145. The company’s 50 day moving average price is $0.58 and its 200-day moving average price is $0.83. U.S. GoldMining has a 1 year low of $0.02 and a 1 year high of $5.00.

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.