(VIANEWS) – Shares of U.S. Gold Corp (NASDAQ: USAU) fell by a staggering 10.53% to $6.33 at 10:20 EST on Wednesday, after four successive sessions in a row of gains. NASDAQ is falling 0.8% to $12,029.38, after two sequential sessions in a row of losses. This seems, so far, a somewhat bearish trend exchanging session today.
U.S. Gold Corp’s last close was $7.07, 6.97% below its 52-week high of $7.60.
About U.S. Gold Corp
U.S. Gold Corp. engages in the exploration and development of gold and precious metals in the United States. It also explores for copper and silver deposits. The company holds 100% interests in the CK Gold project, which consists of various mining leases and other mineral rights covering approximately 1,120 acres in Laramie County, Wyoming; the Keystone project that consists of 650 unpatented lode mining claims covering approximately 20 square miles in Eureka County, Nevada; and the Challis Gold project, which consists of 87 unpatented lode mining claims covering approximately 1,710 acres in Lemhi County, Idaho. It also has earn-in agreement to acquire a 50% ownership interest in the Maggie Creek project that consists of 103 unpatented mining claims covering approximately 3 square miles in Eureka County, Nevada. The company is based in Elko, Nevada.
Earnings Per Share
As for profitability, U.S. Gold Corp has a trailing twelve months EPS of $-4.37.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -45.57%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, U.S. Gold Corp’s stock is considered to be oversold (<=20).
Volume
Today’s last reported volume for U.S. Gold Corp is 187585 which is 175.95% above its average volume of 67978.
More news about U.S. Gold Corp (USAU).
