USAU Stock Summary and Trading Ideas (U.S. Gold Corp. | NASDAQ:USAU)

U.S. Gold Corp is an exploration and development company that owns certain mining leases and other mineral rights comprising the CK Gold Project in Wyoming, the Keystone Project in Nevada, and the Challis Gold Project in Idaho.

U.S. Gold Corp. trades on the NASDAQ stock market under the symbol USAU.

As of April 26, 2024, USAU stock price climbed to $4.42 with 83,061 million shares trading.

USAU has a beta of 0.56, meaning it tends to be less sensitive to market movements. USAU has a correlation of 0.03 to the broad based SPY ETF.

USAU has a market cap of $41.25 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, USAU stock traded as high as $13.20 and as low as $2.92.

The top ETF exchange traded funds that USAU belongs to (by Net Assets): VTI, VXF, IWC, DFAC, DFUS.

USAU stock has underperformed the market in the last year with a return of +5.2%, while SPY returned +27.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in USAU shares. However, USAU has outperformed the market in the last 3 month and 2 week periods, returning +25.9% and -0.2%, while SPY returned +4.6% and -0.5%, respectively. This indicates USAU has been having a stronger performance recently.

USAU support price is $3.88 and resistance is $4.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USAU stock will trade within this expected range on the day.