U.S. GoldMining Inc. (NASDAQ:USGOW – Get Free Report)’s stock price traded down 8.7% during mid-day trading on Wednesday . The company traded as low as $0.51 and last traded at $0.6690. 5,759 shares were traded during mid-day trading, a decline of 30% from the average session volume of 8,197 shares. The stock had previously closed at $0.7330.
U.S. GoldMining Stock Down 8.7%
The stock’s 50 day simple moving average is $0.74 and its two-hundred day simple moving average is $0.97.
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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