Latest news with #U.S.GoldCorp
Globe and Mail
28-04-2025
- Business
- Globe and Mail
U.S. Gold Corp.: Advancing a Fully Permitted, Copper-Gold Project in Mining-Friendly Wyoming
Feasibility-ready gold and copper development positioned to meet rising U.S. resource demand Why This Matters U.S. Gold Corp. is unlocking value in a fully permitted, feasibility-stage copper-gold asset in Wyoming—ready for near-term development and long-term growth U.S. Gold Corp. (NASDAQ: USAU) is taking a production-focused approach at one of the most advanced gold-copper development projects in the Western United States. With 1 million ounces of gold and 260 million pounds of copper already defined, the company has secured all necessary permits, completed a robust feasibility study, and adopted a plan designed for rapid execution. In today's metal price environment, the project's economics are strong, with a projected sub-two-year payback. Beyond gold and copper, U.S. Gold is generating additional value through the sale of surplus rock, creating local economic partnerships and new revenue streams. A dry-stack tailings system and minimal on-site emissions reflect the company's ESG-focused commitment. With strong state support, proximity to infrastructure, and a market-conscious mine plan, U.S. Gold Corp. is positioned as a U.S.-based development-stage company ready to deliver for shareholders and the energy transition. Key Takeaways: Published by
Yahoo
26-04-2025
- Business
- Yahoo
Is U.S. Gold Corp. (USAU) the Best Precious Metals Stock to Buy According to Analysts?
We recently published a list of . In this article, we are going to take a look at where U.S. Gold Corp. (NASDAQ:USAU) stands against other best precious metals stocks to buy according to analysts. Gold prices set new records in early 2025, driven by growing interest in gold as a safe haven asset amid rising tariffs and trade wars between the United States and China. The precious metal exceeded $3,000/oz recently. Lately, gold is acting both as a hedge against inflation and a competitor to yield-earning assets like the US Treasurys. This has created what analysts call a 'smile profile,' where gold tends to go up whether US yields rise or fall. Natasha Kaneva, head of Global Commodities Strategy at J.P. Morgan, commented: 'We maintain our multi-year bullish outlook on gold. From a macro perspective, a universal tariff scenario would likely supercharge the broad price effects for precious metals. Boosted economic growth concerns and higher inflation risks could continue to fuel strong investor demand for gold.' Similarly, Jim Wyckoff, a senior analyst at Kitco Metals, said on April 15: 'Traders are waiting for the next major fundamental development to drive the gold market, but the charts remain bullish. There's still safe-haven demand.' In line with that, European private banking firm Commerzbank wrote in a note to investors: 'The rise in the gold price is also partly in line with the continuing weakness of the dollar, which points to a gradual erosion of the U.S. currency's status as a safe asset – gold is likely to be an alternative for many USD investors.' Goldman Sachs has lifted its gold price forecast from $3,300 to $3,700 per ounce by the end of 2025. This forecast is supported by higher central bank purchases and increased ETF inflows amid growing global economic uncertainty. President Trump's unpredictable trade policies are the basis for this market upheaval. While gold remains a haven in volatile times, it lacks income-generating potential and incurs storage costs. Still, mining stocks are also gaining appeal, with lower energy costs boosting profits. According to the Silver Institute, the silver market is moving towards its fifth consecutive year of a supply deficit in 2025, with demand exceeding supply again. Industrial use, especially in green tech, electric vehicles, and electronics, is driving much of this demand and is expected to reach a new record this year. Prices also rebounded in early 2025, partly due to growing uncertainty around President Trump's potential tariff policies, which have resulted in more short covering and deliveries of silver into CME warehouses. At the same time, ongoing global and economic concerns have helped push investors back toward safe-haven assets like silver. Still, silver investment has faced some challenges. Ongoing concerns about China's economy have held back demand, and the persistently high gold-to-silver ratio suggests that investors still favor gold. Overall, silver demand is expected to stay steady at around 1.2 billion ounces. While industrial and retail investment will rise, jewellery and silverware demand, especially in India, is expected to fall due to high local prices. For this article, we searched multiple credible websites to compile a large list of US-listed precious metals stocks. Next, we manually searched for the average upside potential of each stock and selected 13 stocks with the highest values. The list below is ranked in ascending order of the upside potential as of April 16. We have also mentioned the hedge fund sentiment as per Insider Monkey's database of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Svetlana Lukienko/ Number of Hedge Fund Holders: 5 Average Upside Potential: 85.83% U.S. Gold Corp. (NASDAQ:USAU) is a Nevada-based explorer and developer of gold and other precious metal projects in the United States. It is one of the best metal stocks to invest in. On February 12, H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on U.S. Gold Corp. (NASDAQ:USAU) and raised the price target to $14 from $13. The company got a boost from the investment advisory after sharing updated plans for its CK Gold Project. The study shows the site could produce around 1.11 million gold equivalent ounces over the next decade, with especially strong output in the first few years. On February 26, U.S. Gold Corp. (NASDAQ:USAU) received a BBB rating from Digbee Limited for its CK Gold Project, showing that the company is on the right track with its sustainability efforts. The rating reflects USAU's commitment to responsible practices, like engaging with local communities, protecting the environment, and maintaining strong business standards. According to Insider Monkey's fourth quarter database, 5 hedge funds reported owning stakes in U.S. Gold Corp. (NASDAQ:USAU), compared to 2 funds in the preceding quarter. Jim Simons' was the biggest stakeholder of the company, with 93,900 shares valued at $575,607. Overall, USAU ranks 2nd on our list of best precious metals stocks to buy according to analysts. While we acknowledge the potential of precious metals stocks, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than USAU but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Associated Press
14-03-2025
- Business
- Associated Press
U.S. Gold Corp. to Participate at the 37th Annual ROTH Conference for Growth Companies in Dana Point, California
CHEYENNE, Wyo., March 14, 2025 /PRNewswire/ -- U.S. Gold Corp. ('U.S. Gold,' the 'Company,' 'we,' 'our' or 'us') (Nasdaq: USAU) is pleased to announce that it will be attending the 37th Annual ROTH Conference for Growth Companies (the 'Conference'). The Conference will be held in-person at the Laguna Cliffs Marriott, located in Dana Point, California, from March 16 to March 18, 2025. The Conference features distinguished presenting companies across broad sectors, including consumer, energy, healthcare, industrial growth, metals and mining, sustainability, technology and more. Mr. Luke Norman (Chairman) will participate in a panel discussion on Tuesday, March 18, 2025, from 11:00 AM to 11:55 AM PT in the 'GOLDEN - DANA 1" conference room (Panel Topic: Mining and Metals under a Trump Administration). The Company will share the panel discussion broadly post-conference for those who cannot attend in person. About U.S. Gold Corp. U.S. Gold Corp. is a publicly traded, U.S.-focused gold and copper exploration and development company. Its fully permitted CK Gold Project is located in Southeast Wyoming and has a Preliminary Feasibility Study technical report, which was completed by Samuel Engineering, Inc. In addition, the Company has two exploration projects: Keystone Gold located on the Cortez Trend in Nevada about 11 miles south of Nevada Gold Mines' Cortez Hills Complex, and Challis Gold located in Idaho. For more information about U.S. Gold Corp., please visit Cautionary Note Regarding Forward-Looking Statements Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as 'anticipate,' 'believe,' 'forecast,' 'estimated,' 'intend,' 'will,' 'expects' and 'plans,' among others. These forward-looking statements include statements regarding the Company's attendance at the Conference, Mr. Norman's participation in a panel discussion at the Conference, and the Company's plans to share a recording of the panel discussion following the Conference. These forward-looking statements are based on U.S. Gold's current expectations, and actual results could differ materially from such statements. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements, including those described in the Company's most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K filed with the Securities and Exchange Commission, which can be reviewed at The Company has based these forward-looking statements on its current expectations and assumptions about future events. While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory, and other risks, contingencies, and uncertainties, most of which are difficult to predict and many of which are beyond the Company's control. The Company makes no representation or warranty that the information contained herein is complete and accurate and we have no duty to correct or update any information contained herein.
