Streetbeat News

USGO

U.S. GoldMining Inc.

https://www.us.goldmining.com

Industry

Industrial Materials

U.S. GoldMining Inc., an exploration stage company, engages in the exploration and development of mineral properties in the United States. It holds interests in the Whistler project, a gold-copper exploration project covering 17,159 Ha located in the Yentna mining district, Alaska. The company was incorporated in 2015 and is based in Anchorage, Alaska. U.S. GoldMining Inc. operates as a subsidiary of GoldMining Inc.

Open

8.78

Mkt cap

122M

Volume

34K

High

9.88

P/E Ratio

-11.93

52-wk high

14.46

Low

8.78

Div yield

N/A

52-wk low

5.00

Peter Schiff used Peloton's 98.5% stock decline to illustrate his point on the mispricing of gold mining stocks, suggesting a similar but reverse situation exists in the gold mining sector. He highlighted the performance of several gold mining stocks, including Barrick Gold Corp, US Goldmining Inc, SSR Mining Inc, Kinross Gold Corporation, and Newmont Corporation, to underscore the varied performance and potential mispricing in the market.

Portfolio Pulse from Kaustubh Bagalkote

May 03, 2024 | 5:15 am

Cleveland-Cliffs Inc. increases spot prices for steel products, Ramaco Resources Inc. reports strong Q4 and annual financial results, AngloGold Ashanti Plc announces board chairman change, and analysts maintain or upgrade ratings for Universal Stainless and US Goldmining. Cleveland-Cliffs' price adjustment, Ramaco's financial performance and debt repayment, and AngloGold's board transition are key highlights.

Portfolio Pulse from Austin DeNoce

March 08, 2024 | 11:44 pm

HC Wainwright & Co. analyst Heiko Ihle has reiterated a Buy rating on US Goldmining (NASDAQ:USGO) and maintained a $23 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 11:28 am

The article highlights the top 5 materials stocks considered oversold based on their RSI values, indicating potential buying opportunities. Berry Global, Air Products and Chemicals, Axalta Coating Systems, Newmont Corporation, and U.S. GoldMining are featured for their recent financial results, strategic moves, and stock performance.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 12:49 pm

GoldMining Inc. (NYSE American: GLDG) and its majority-owned subsidiary, U.S. GoldMining Inc. (NASDAQ:USGO), announced positive assay results from the 2023 drilling program at the Whistler Gold-Copper Project in Alaska. The results confirmed the continuity of a high-grade core at the near-surface of the Whistler deposit, including the best drill intercept to date. GoldMining owns approximately 80% of U.S. GoldMining, which was launched via an IPO in April 2023.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 11:34 am

5E Advanced Materials, Inc. (FEAM) has hired Fluor Corporation for engineering and construction services, advancing its Boron and Lithium project. GoldMining Inc. (GLDG) sold Nutmeg Mountain to NevGold Corporation (NAUFF) for $3 million in shares, retaining a significant stake in NevGold. Ramaco Resources, Inc. (METC) is under investigation by Bragar Eagel & Squire, P.C. following a negative report by Wolfpack Research. Olympic Steel Inc. (ZEUS) promoted Anthony G. Dominic as VP of Safety, Health and Environment.

Portfolio Pulse from Austin DeNoce

January 19, 2024 | 8:53 pm

UBS Group initiated coverage on Alcoa Corporation with a Sell rating and a $29 price target. Dakota Gold Corp. reported promising drill results from its Richmond Hill Gold Project, indicating potential resource expansion. U.S. GoldMining Inc. announced positive assay results from its Whistler Gold-Copper Project, with plans for a significant drilling program in 2024. Idaho Strategic Resources will participate in upcoming industry events to increase company awareness.

Portfolio Pulse from Austin DeNoce

January 16, 2024 | 9:39 pm

HC Wainwright & Co. analyst Heiko Ihle has reaffirmed a Buy rating on US Goldmining (NASDAQ:USGO) and increased the price target from $22 to $23.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 11:29 am

U.S. GoldMining Inc. (NASDAQ:USGO) has provided an update on its 2023 Phase 1 drilling program, which began in August. The program aims to expand and increase confidence in the existing gold-copper deposits at the Whistler Gold-Copper Project in Alaska, and to test prospective exploration targets in close proximity to known resources.

Portfolio Pulse from Charles Gross

November 07, 2023 | 11:10 am

HC Wainwright & Co. analyst Heiko Ihle maintains a 'Buy' rating on US Goldmining (NASDAQ:USGO) and raises the price target from $20 to $22.

Portfolio Pulse from richadhand@benzinga.com

August 25, 2023 | 10:03 am

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