FY2026 EPS Estimates for U.S. GoldMining Reduced by Analyst

U.S. GoldMining Inc. (NASDAQ:USGO) – Analysts at HC Wainwright cut their FY2026 EPS estimates for U.S. GoldMining in a note issued to investors on Friday, May 22nd. HC Wainwright analyst H. Ihle now anticipates that the company will earn ($0.49) per share for the year, down from their prior estimate of ($0.47). 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 ($0.47) per share.

A number of other analysts have also weighed in on the stock. Wall Street Zen lowered shares of U.S. GoldMining from a “hold” rating to a “sell” rating in a report on Sunday, May 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of U.S. GoldMining in a report on Wednesday, April 8th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $30.75.

U.S. GoldMining Trading Up 5.4%

U.S. GoldMining stock opened at $10.94 on Wednesday. The firm has a 50-day moving average of $12.22 and a 200-day moving average of $11.47. The firm has a market cap of $146.09 million, a P/E ratio of -18.86 and a beta of 1.97. U.S. GoldMining has a 1-year low of $7.42 and a 1-year high of $17.98.

U.S. GoldMining (NASDAQ:USGO) last posted its earnings results on Wednesday, May 13th. The company reported ($0.14) earnings per share for the quarter.

Institutional Trading of U.S. GoldMining

Institutional investors and hedge funds have recently bought and sold shares of the stock. Barclays PLC lifted its holdings in U.S. GoldMining by 57.3% in the fourth quarter. Barclays PLC now owns 3,730 shares of the company’s stock worth $33,000 after buying an additional 1,358 shares during the period. Wells Fargo & Company MN lifted its holdings in U.S. GoldMining by 46.1% in the fourth quarter. Wells Fargo & Company MN now owns 4,150 shares of the company’s stock worth $37,000 after buying an additional 1,310 shares during the period. Russell Investments Group Ltd. lifted its holdings in U.S. GoldMining by 219.8% in the fourth quarter. Russell Investments Group Ltd. now owns 5,722 shares of the company’s stock worth $50,000 after buying an additional 3,933 shares during the period. New York State Common Retirement Fund purchased a new stake in U.S. GoldMining in the second quarter worth about $93,000. Finally, Goldman Sachs Group Inc. purchased a new stake in U.S. GoldMining in the fourth quarter worth about $131,000. 0.49% of the stock is currently owned by hedge funds and other institutional investors.

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.