Quadrature Capital Ltd Makes New Investment in U.S. Gold Corp. (NASDAQ:USAU)

Quadrature Capital Ltd acquired a new stake in shares of U.S. Gold Corp. (NASDAQ:USAU) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,207 shares of the technology company’s stock, valued at approximately $59,000. Quadrature Capital Ltd owned approximately 0.09% of U.S. Gold at the end of the most recent quarter.

Separately, Prospera Financial Services Inc increased its holdings in shares of U.S. Gold by 3.8% in the third quarter. Prospera Financial Services Inc now owns 54,500 shares of the technology company’s stock valued at $317,000 after purchasing an additional 2,000 shares in the last quarter. 6.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, HC Wainwright lifted their price objective on U.S. Gold from $11.00 to $13.00 and gave the company a “buy” rating in a report on Wednesday, November 20th.

U.S. Gold Stock Up 4.4 %

Shares of U.S. Gold stock opened at $7.32 on Friday. U.S. Gold Corp. has a 12-month low of $3.20 and a 12-month high of $8.61. The firm’s 50-day moving average price is $6.73 and its two-hundred day moving average price is $6.00. The company has a market capitalization of $79.53 million, a price-to-earnings ratio of -8.82 and a beta of 1.50.

U.S. Gold (NASDAQ:USAU) last posted its quarterly earnings data on Monday, September 16th. The technology company reported ($0.24) EPS for the quarter. On average, sell-side analysts expect that U.S. Gold Corp. will post -1.06 earnings per share for the current year.

About U.S. Gold

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.