Company’s 36-month beta value is 2.10.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for USGO is 1.76M, and currently, short sellers hold a 1.21% ratio of that floaft. The average trading volume of USGO on November 19, 2024 was 53.93K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
USGO) stock’s latest price update
U.S. GoldMining Inc (NASDAQ: USGO)’s stock price has gone rise by 25.82 in comparison to its previous close of 8.25, however, the company has experienced a 2.37% increase in its stock price over the last five trading days. prnewswire.com reported 2024-11-18 that ANCHORAGE, Alaska, Nov. 18, 2024 /PRNewswire/ – U.S. GoldMining Inc. (NASDAQ: USGO) (“U.S. GoldMining” or the “Company”) is pleased to announce new assay results from the 2024 confirmatory diamond core drilling program completed at the Whistler Gold-Copper Project (the “Project”) in Alaska, U.S.A. The results reported in this news release will highlight WH24-02, which was drilled from within the Whistler Deposit (the “Deposit”).
USGO’s Market Performance
USGO’s stock has risen by 2.37% in the past week, with a monthly drop of -1.14% and a quarterly rise of 99.62%. The volatility ratio for the week is 18.56% while the volatility levels for the last 30 days are 11.17% for U.S. GoldMining Inc The simple moving average for the past 20 days is 9.96% for USGO’s stock, with a 59.00% simple moving average for the past 200 days.
USGO Trading at 20.12% from the 50-Day Moving Average
After a stumble in the market that brought USGO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.22% of loss for the given period.
Volatility was left at 11.17%, however, over the last 30 days, the volatility rate increased by 18.56%, as shares surge +2.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +99.27% upper at present.
During the last 5 trading sessions, USGO rose by +2.37%, which changed the moving average for the period of 200-days by +66.61% in comparison to the 20-day moving average, which settled at $9.44. In addition, U.S. GoldMining Inc saw 42.09% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at USGO starting from Schmidt Laura, who purchase 191 shares at the price of $5.23 back on Aug 16 ’24. After this action, Schmidt Laura now owns 383 shares of U.S. GoldMining Inc, valued at $998 using the latest closing price.
Schmidt Laura, the Director of U.S. GoldMining Inc, purchase 192 shares at $5.19 during a trade that took place back on Aug 15 ’24, which means that Schmidt Laura is holding 192 shares at $997 based on the most recent closing price.
Stock Fundamentals for USGO
The total capital return value is set at -0.31. Equity return is now at value -99.06, with -91.40 for asset returns.
Based on U.S. GoldMining Inc (USGO), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -22.17.
Currently, EBITDA for the company is -9.3 million with net debt to EBITDA at 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.94.
Conclusion
In a nutshell, U.S. GoldMining Inc (USGO) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
