Analysts Issue Forecasts for U.S. GoldMining FY2025 Earnings

U.S. GoldMining Inc. (NASDAQ:USGO) – Research analysts at HC Wainwright issued their FY2025 earnings estimates for U.S. GoldMining in a report released on Tuesday, January 13th. HC Wainwright analyst H. Ihle forecasts that the company will post earnings per share of ($0.35) for the year. The consensus estimate for U.S. GoldMining’s current full-year earnings is ($0.69) per share. HC Wainwright also issued estimates for U.S. GoldMining’s FY2026 earnings at ($0.47) EPS.

U.S. GoldMining (NASDAQ:USGO) last issued its quarterly earnings results on Thursday, November 13th. The company reported ($0.22) EPS for the quarter.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of U.S. GoldMining in a report on Friday, January 9th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $26.50.

U.S. GoldMining Stock Up 6.2%

Shares of USGO opened at $11.35 on Thursday. U.S. GoldMining has a fifty-two week low of $7.42 and a fifty-two week high of $14.93. The company’s fifty day moving average is $9.70 and its two-hundred day moving average is $9.91. The firm has a market cap of $150.65 million, a PE ratio of -21.42 and a beta of 2.21.

Institutional Trading of U.S. GoldMining

A number of institutional investors have recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in U.S. GoldMining by 33.3% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 24,000 shares of the company’s stock valued at $197,000 after purchasing an additional 6,000 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of U.S. GoldMining by 61.0% in the second quarter. Geode Capital Management LLC now owns 52,480 shares of the company’s stock worth $430,000 after buying an additional 19,875 shares during the period. Citadel Advisors LLC purchased a new stake in shares of U.S. GoldMining in the third quarter worth about $200,000. Bank of America Corp DE grew its stake in shares of U.S. GoldMining by 580.1% in the third quarter. Bank of America Corp DE now owns 12,554 shares of the company’s stock valued at $161,000 after buying an additional 10,708 shares in the last quarter. Finally, New York State Common Retirement Fund purchased a new stake in shares of U.S. GoldMining during the 2nd quarter valued at about $93,000. 0.49% of the stock is owned by hedge funds and other institutional investors.

About U.S. GoldMining

U.S. GoldMining Inc is a mineral exploration and development company focused on the acquisition, exploration and advancement of gold assets in the Americas. The company’s flagship project is West Desert, located in Utah’s Great Basin region, where it has completed detailed technical studies and resource modeling. In addition to West Desert, U.S. GoldMining has recently added the Colossus gold project in Pará State, Brazil, to its portfolio and holds interests in the Copper King deposit in Wyoming.