U.S. Gold Corp. (NASDAQ:USAU) Director Luke Anthony Norman Purchases 5,000 Shares

U.S. Gold Corp. (NASDAQ:USAU) Director Luke Anthony Norman bought 5,000 shares of the stock in a transaction on Monday, April 15th. The stock was purchased at an average price of $4.19 per share, with a total value of $20,950.00. Following the completion of the purchase, the director now owns 348,980 shares of the company’s stock, valued at $1,462,226.20. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

U.S. Gold Stock Up 3.6 %

Shares of USAU opened at $4.08 on Friday. The company has a market cap of $38.07 million, a price-to-earnings ratio of -5.59 and a beta of 1.30. U.S. Gold Corp. has a twelve month low of $2.92 and a twelve month high of $5.21. The company has a 50 day moving average of $3.72 and a two-hundred day moving average of $3.62.

U.S. Gold (NASDAQ:USAU) last announced its earnings results on Monday, March 18th. The technology company reported ($0.18) earnings per share for the quarter. On average, sell-side analysts expect that U.S. Gold Corp. will post -1.2 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and issued a $11.00 target price on shares of U.S. Gold in a research note on Friday, March 1st.

Institutional Investors Weigh In On U.S. Gold

Several institutional investors and hedge funds have recently made changes to their positions in USAU. National Bank of Canada FI purchased a new stake in shares of U.S. Gold during the fourth quarter valued at $90,000. BlackRock Inc. grew its holdings in shares of U.S. Gold by 27.9% during the second quarter. BlackRock Inc. now owns 21,663 shares of the technology company’s stock valued at $96,000 after buying an additional 4,722 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of U.S. Gold by 11.8% during the second quarter. Geode Capital Management LLC now owns 59,947 shares of the technology company’s stock valued at $267,000 after buying an additional 6,336 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of U.S. Gold during the fourth quarter valued at $72,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of U.S. Gold by 25.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 36,498 shares of the technology company’s stock valued at $175,000 after buying an additional 7,415 shares during the last quarter. 6.64% of the stock is currently owned by institutional investors and hedge funds.

U.S. Gold Company Profile

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 601 unpatented lode mining claims covering approximately 20 square miles in Eureka County, Nevada; and the Challis Gold project, which consists of 77 unpatented lode mining claims covering approximately 1,710 acres in Lemhi County, Idaho.