U.S. Gold Corp. (NASDAQ:USAU) Director Purchases $20,950.00 in Stock

U.S. Gold Corp. (NASDAQ:USAU) Director Luke Anthony Norman purchased 5,000 shares of U.S. Gold stock in a transaction that occurred on Monday, April 15th. The stock was bought at an average cost of $4.19 per share, for a total transaction of $20,950.00. Following the purchase, the director now directly owns 348,980 shares in the company, valued at $1,462,226.20. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

U.S. Gold Stock Performance

Shares of U.S. Gold stock traded up $0.13 during mid-day trading on Wednesday, hitting $4.03. The stock had a trading volume of 39,363 shares, compared to its average volume of 47,107. The firm has a 50-day moving average of $3.70 and a two-hundred day moving average of $3.61. U.S. Gold Corp. has a 12-month low of $2.92 and a 12-month high of $5.21.

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

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On U.S. Gold

A number of hedge funds have recently made changes to their positions in the stock. National Bank of Canada FI purchased a new position in shares of U.S. Gold during the 4th quarter worth approximately $90,000. BlackRock Inc. lifted its holdings in U.S. Gold by 27.9% during the 2nd quarter. BlackRock Inc. now owns 21,663 shares of the technology company’s stock worth $96,000 after buying an additional 4,722 shares in the last quarter. Geode Capital Management LLC lifted its holdings in U.S. Gold by 11.8% during the 2nd quarter. Geode Capital Management LLC now owns 59,947 shares of the technology company’s stock worth $267,000 after buying an additional 6,336 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in U.S. Gold during the 4th quarter worth approximately $72,000. Finally, Dimensional Fund Advisors LP lifted its holdings in U.S. Gold by 25.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 36,498 shares of the technology company’s stock worth $175,000 after buying an additional 7,415 shares in the last quarter. Hedge funds and other institutional investors own 6.64% of the company’s stock.

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.