Roth MKM Remains a Buy on US Gold (USAU)
In a report released yesterday, Joseph Reagor from Roth MKM reiterated a Buy rating on US Gold (USAU – Research Report), with a price target of $18.00. The company’s shares closed yesterday at $12.20.
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Reagor covers the Basic Materials sector, focusing on stocks such as Silvercorp Metals, Avino Silver & Gold, and Coeur Mining. According to TipRanks, Reagor has an average return of 14.9% and a 46.28% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for US Gold with a $15.50 average price target, representing a 27.05% upside. In a report released on June 25, H.C. Wainwright also reiterated a Buy rating on the stock with a $15.00 price target.
The company has a one-year high of $14.39 and a one-year low of $4.71. Currently, US Gold has an average volume of 400.4K.
Read More on USAU:
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- U.S. Gold Corp. Positioned for Growth: Buy Rating Backed by CK Gold Project Feasibility and Strategic Catalysts
- U.S. Gold Corp. Announces New Equity Sales Agreement
- U.S. Gold set to join Russell 3000, Russell 2000 Indexes
- U.S. Gold price target raised to $15 from $14 at H.C. Wainwright
- U.S. Gold Corp. Raises $7.3M from Warrant Exercise
