Quadrature Capital Ltd Acquires New Position in U.S. Gold Corp. (NASDAQ:USAU)

Quadrature Capital Ltd acquired a new position in shares of U.S. Gold Corp. (NASDAQ:USAU) during the third quarter, Holdings Channel.com reports. The fund acquired 10,207 shares of the technology company’s stock, valued at approximately $59,000.

Separately, Prospera Financial Services Inc increased its position in shares of U.S. Gold by 3.8% during the 3rd 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 during the last quarter. Institutional investors own 6.64% of the company’s stock.

Analyst Upgrades and Downgrades

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

U.S. Gold Stock Up 4.4 %

NASDAQ USAU opened at $7.32 on Friday. The firm has a market capitalization of $79.53 million, a P/E ratio of -8.82 and a beta of 1.50. U.S. Gold Corp. has a 52 week low of $3.20 and a 52 week high of $8.61. The company has a 50-day moving average price of $6.73 and a 200-day moving average price of $6.00.

U.S. Gold (NASDAQ:USAU) last announced its quarterly earnings results on Monday, September 16th. The technology company reported ($0.24) EPS for the quarter. As a group, equities research analysts anticipate that U.S. Gold Corp. will post -1.06 EPS for the current year.

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.