U.S. GoldMining (NASDAQ:USGO) Shares Down 1.7% – What’s Next?

by · The Markets Daily

U.S. GoldMining Inc. (NASDAQ:USGO – Get Free Report)’s share price fell 1.7% during mid-day trading on Wednesday . The company traded as low as $10.01 and last traded at $10.22. 15,918 shares were traded during trading, a decline of 19% from the average session volume of 19,595 shares. The stock had previously closed at $10.40.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright lifted their price objective on shares of U.S. GoldMining from $23.50 to $24.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd.

Get Our Latest Research Report on U.S. GoldMining

U.S. GoldMining Trading Up 2.8 %

The firm’s fifty day moving average is $7.25 and its two-hundred day moving average is $6.44.

About U.S. GoldMining

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U.S. GoldMining Inc, an exploration stage company, engages in the exploration and development of mineral properties in the United States. The company's primary asset is the 100%-owned Whistler exploration property, a gold-copper exploration project comprising mining claims totaling 53,700 acres located in Yentna Mining District, Alaska.

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