FY2026 EPS Estimate for U.S. GoldMining Decreased by Analyst

U.S. GoldMining Inc. (NASDAQ:USGO) – Investment analysts at HC Wainwright decreased their FY2026 EPS estimates for shares of U.S. GoldMining in a report issued on Wednesday, September 9th. HC Wainwright analyst H. Ihle now anticipates that the company will earn ($0.67) per share for the year, down from their previous forecast of ($0.49). HC Wainwright currently has a “Buy” rating and a $30.75 target price on the stock. The consensus estimate for U.S. GoldMining’s current full-year earnings is ($0.49) per share.

U.S. GoldMining (NASDAQ:USGO) last released its earnings results on Wednesday, August 12th. The company reported ($0.36) earnings per share (EPS) for the quarter.

Other analysts have also recently issued reports about the stock. Wall Street Zen cut shares of U.S. GoldMining from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Weiss Ratings lowered U.S. GoldMining from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, U.S. GoldMining currently has an average rating of “Hold” and a consensus target price of $30.75.

U.S. GoldMining Stock Performance

Shares of USGO stock opened at $8.26 on Friday. The firm has a market capitalization of $115.97 million, a price-to-earnings ratio of -9.49 and a beta of 1.88. U.S. GoldMining has a one year low of $7.16 and a one year high of $17.98. The company has a 50 day moving average price of $8.38 and a 200 day moving average price of $10.25.

Institutional Trading of U.S. GoldMining

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in U.S. GoldMining in the second quarter valued at approximately $1,431,000. GSA Capital Partners LLP purchased a new stake in U.S. GoldMining during the second quarter worth approximately $264,000. Themes Management Co LLC acquired a new stake in shares of U.S. GoldMining in the first quarter worth $139,000. International Assets Investment Management LLC acquired a new stake in shares of U.S. GoldMining in the first quarter worth $161,000. Finally, Russell Investments Group Ltd. raised its stake in shares of U.S. GoldMining by 219.8% in the 4th quarter. Russell Investments Group Ltd. now owns 5,722 shares of the company’s stock valued at $50,000 after acquiring an additional 3,933 shares during the period. Institutional investors and hedge funds own 0.49% of the company’s stock.

U.S. GoldMining Company Profile

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.