|Bid||1.30 x 500|
|Ask||1.37 x 800|
|Day's Range||1.33 - 1.35|
|52 Week Range||1.05 - 3.27|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.88|
ELKO, Nev. , May 30, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce it plans to commence drilling in the Potato Canyon area in the ...
The drilling program will follow up on the recently discovered "West Zone" and target additional potential discoveries at Copper King ELKO, Nev. , May 14, 2018 /PRNewswire/ -- U.S. Gold Corp. ...
ELKO, Nev., April 24, 2018 /PRNewswire/ -- U.S. Gold Corp. (USAU), a gold exploration and development company, is pleased to announce the forthcoming Keystone target-specific drilling program. This program, comprised of an initial phase 15 RC drill holes for a total of about 27,000 feet (8,200 meters), will assess several targets identified through evaluation of the detailed geology, geochemistry and geophysics, comprehensively covering the 20 square miles, or 650 lode claims, of mineral rights. US Gold Corp. is supporting a University of Nevada, Mackay School of Mines, Master's thesis study at Keystone, conducted by Gabriel Aliagra, under the guidance of Dr. Michael Ressel, University of Nevada/Nevada Bureau of Mines. This thesis work is focused on the very complex intrusives and intrusive rock relations to the very large gold-bearing mineral system present at Keystone. Age date results from zircon analyses of six diverse variety intrusive samples have all provided important early Tertiary ages in the range of 36.17 +/- 0.33 Ma to 34.15 +/- 0.47 Ma (million years ago). These ages correspond very closely to the intrusive and gold deposit events in the Cortez District located just to the north.
ELKO, Nev., March 12, 2018 /PRNewswire/ -- U.S. Gold Corp. (USAU), a gold exploration and development company, today is pleased to announce the completion and compilation of the district-wide geochemical surveys on the Keystone project. Commensurate detailed geological mapping is also nearing completion. - U.S. Gold Corp. has completed comprehensive and effective blanket geochemical sample surveys covering the 20-square-mile Keystone district project area. The sample database now comprises 4,225 soil samples, 2,250 rock samples, 649 fine-sediment stream samples, and 620 altered stream cobble samples.
ELKO, Nev. , Feb. 26, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, today announced it will be presenting at the 30 th Annual ROTH Conference at the Ritz ...
ELKO, Nev. , Feb. 13, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today announced completion of the Fall 2017 drilling program and receipt of all certified assay results. The primary purpose ...
Bitcoin bulls have long argued the cryptocurrency is a new store of value for investors thanks to its protection from inflation and its deregulated nature. In fact, even some bitcoin analysts have compared ...
- Completed 2017 Fall drilling results indicate presence of previously undiscovered zone of base and precious metal mineralization - 200-meter western step-out hole encounters gold, copper, zinc and silver ...
ELKO, Nev., Jan. 22, 2018 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold" or the "Company") (USAU), a gold exploration and development company, announced today that it has closed its previously announced $5.0 million sale of its Series E convertible preferred stock in a non-brokered registered direct offering. Concurrently, the Company also issued common stock purchase warrants in a private placement. A shelf registration statement on Form S-3 (File No. 333-217860) relating to the shares of Series E convertible preferred stock sold was declared effective by the Securities and Exchange Commission on May 16, 2017.
ELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. (USAU) today is pleased to announce it has set a distribution date of January 19, 2018 for the special dividend from the sale of the Dataram legacy memory business. Shareholders of record as of May 8, 2017 will be entitled to receive a special dividend equal to $0.208633136944 for each share held on the record date. U.S. Gold Corp. is a publicly traded U.S.-focused gold exploration and development company. U.S. Gold Corp. has a portfolio of development and exploration properties.
ELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold" or the "Company") (USAU), a gold exploration and development company, announced today that it agreed to sell $5 million of shares of its Series E convertible preferred stock in a non-brokered registered direct offering. The shares of Series E convertible preferred stock have an offering price equal to their stated value of $2,000 per share and are convertible into shares of the Company's common stock. Concurrently, the Company agreed to sell in a private placement, warrants to purchase an aggregate of 1,250,000 shares of common stock at an exercise price of $3.30 per share with a three-year term. The net proceeds, after estimated expenses of the offering payable by the Company, will be approximately $4.9 million. The Company expects to close the offering on or about January 22, 2018, subject to the satisfaction of customary closing conditions.
ELKO, Nev., Jan. 11, 2018 /PRNewswire/ -- U.S. Gold Corp. (USAU) today is pleased to announce that Mine Development Associates (MDA) has updated the historic Copper King Preliminary Economic Assessment (PEA) Technical Report. MDA's original PEA was dated August 24, 2012.
ELKO, Nev., Dec. 12, 2017 /PRNewswire/ -- U.S. Gold Corp. (USAU) today is pleased to provide an update of its Fall 2017 drilling programs at Keystone, Gold Bar North and Copper King. A seven-hole, 10,740 feet (3,274 meters) scout drill program has been completed at Keystone. Drill holes were widely spaced throughout the Keystone property to provide an initial scout test of several zones of interest. All seven holes have now been completed and samples have been sent to BV Labs in Elko, Nevada for assays.
ELKO, Nev., Dec. 7, 2017 /PRNewswire/ -- U.S. Gold Corp. (USAU) today is pleased to announce that Dave Mathewson – Vice President and Head of Exploration will present at the December American Exploration and Mining Association's 123rd Annual Event at the Sparks Nugget Hotel in Sparks, Nevada, from December 6-8. This annual meeting is the second largest annual mining convention in the U.S., featuring 250 exhibitors, a core shack, several technical sessions and more than 2,000 attendees. Dave Mathewson's presentation is titled "Keystone Project: on the Cortez Trend". It will take place on Friday, December 8, 2017 in the Curt Everson Great Basin Exploration Session.
Since it reported its July 31, 2017 quarter, US Gold Corp (USAU) has completed its transformation from Dataram the tech company, to a pure play gold exploration company and is well on its way executing its exploration plan. Since its merger with Dataram in May, the company has moved swiftly to revamp management and its board to align with the gold business and away from the legacy add-in memory products for computers business. With a war chest, key personnel, and territory assets, the company has made progress in exploration at both at Keystone and its Copper King properties and has acquired the Gold Bar North property to fill in territorial gaps.
In this article, I will take a quick look at US Gold Corp’s (NASDAQ:USAU) recent ownership structure – an unconventional investing subject, but an important one. Ownership structure of aRead More...
ELKO, Nev., Nov. 8, 2017 /PRNewswire/ -- U.S. Gold Corp. (USAU) today is pleased to provide an update on its Copper King property located in the Silver Crown mining district of southeast Wyoming, approximately 20 miles west of the city of Cheyenne, on the southeastern margin of the Laramie Range. The property comprises about 1,120 acres that include two Wyoming State Mining Leases covering the S½ Section 25, NE¼ Section 35 (lease# 0-40858), and all of Section 36 (lease# 0-40828), T14N, R70W, 6th PM, Laramie County, Wyoming.
ELKO, Nev., Nov. 7, 2017 /PRNewswire/ -- U.S. Gold Corp. (USAU) today announced that it has issued a letter to its shareholders outlining the Company's recent and expected milestones as it continues to advance its Copper King and Keystone assets. Keystone is an exploration property on the Cortez Trend in Nevada, identified and consolidated by Dave Mathewson.
ELKO, Nev., Oct. 30, 2017 /PRNewswire/ -- U.S. Gold Corp. (USAU), a gold exploration and development company today announced that Edward Karr ("Karr"), U.S. Gold Corp's Chairman, President & CEO will be attending the 2017 Precious Metals Summit in Zurich, Switzerland. The 2017 Precious Metals Summit will be held November 7-8, 2017 at the Park Hyatt in Zurich, Switzerland. Karr will participate in one-on-one meetings with registered conference investors including institutional natural resource fund managers, family offices and independent asset managers. Registration is by invitation only to qualified investors, portfolio managers and private wealth managers. More information can be found at http://www.precioussummit.com/event/2017-summit-zurich/. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company.
ELKO, Nev., Oct. 20, 2017 /PRNewswire/ -- U.S. Gold Corp. (USAU) today announced it sold its subsidiary, Dataram Memory Corp. Dataram Memory Corp. develops, manufactures and markets computer add-in memory products for use with workstations, minicomputers and servers. Since the Company's acquisition of Gold King Corp. f/k/a U.S. Gold Corp. in May 2017, the Company shifted its focus to gold exploration and Dataram Memory Corp. was no longer its core business. Commenting on the disposition, Edward Karr, President & CEO said, "The sale of our Dataram Memory legacy subsidiary is another step in our transformation to a focused junior gold exploration and development company. The net proceeds from the sale of Dataram Memory Corp., when finally determined after deducting expenses associated with the legacy business and the sale, will be distributed, on a pro rata basis, to the Company's shareholders of record as of May 8, 2017.
-Company also initiates drilling program at Gold Bar North located on the Cortez Gold Trend -Multiple, Carlin-deposit-type target areas have been identified through geologic mapping, surface geochemistry, ...
ELKO, Nev., Oct. 5, 2017 /PRNewswire/ -- U.S. Gold Corp. (USAU), a Nevada corporation, today announced that it has priced a firm commitment underwritten public offering of 1,388,889 shares of its common stock at a price to the public of $1.80 per share. U.S. Gold Corp. intends to use the net proceeds from the offering for working capital and general corporate purposes. U.S. Gold Corp. has granted the underwriter a 45-day option to purchase up to 208,333 additional shares of its common stock.
ELKO, Nev., Oct. 4, 2017 /PRNewswire/ -- U.S. Gold Corp. (USAU), a Nevada corporation today announced that it intends to offer and sell shares of its common stock in a "firm commitment" underwritten public offering. U.S. Gold Corp. also expects to grant to the underwriter for the offering a 45-day option to purchase an additional 15% of the shares of common stock sold in the public offering. U.S. Gold Corp. intends to use the net proceeds from the offering for general corporate purposes.
ELKO, Nev., Sept. 27, 2017 /PRNewswire/ -- U.S. Gold Corp. (USAU) today announced that it has completed earlier this month the staking of 122 additional claims for the Keystone Project, located in North Central Nevada, on the prolific Cortez Trend. The Keystone Project now consists of 650 unpatented lode mining claims including the 122 additional and newly staked claims on the south-western portion of the property in Eureka County, Nevada. The additional claims comprise an area of about 2,400 acres or 3.75 square miles (10 square kilometers). This now brings the total Keystone land package to 650 total mining claims, 100% controlled by US Gold Corp. The total area of 100% mineral rights controlled is now approximately 20 square miles (52 square kilometers). The only financial obligation required to maintain these claims are the annual Federal and County fees.