US Gold (NASDAQ:USAU) Stock Passes Above 200-Day Moving Average of $0.00

US Gold Corp (NASDAQ:USAU)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $1.04. US Gold shares last traded at $1.04, with a volume of 3,272 shares.

Separately, ValuEngine cut Intersect ENT from a “buy” rating to a “hold” rating in a report on Monday, June 3rd.

The business has a fifty day moving average of $1.09.

A hedge fund recently raised its stake in US Gold stock. Commonwealth Equity Services LLC increased its position in shares of US Gold Corp (NASDAQ:USAU) by 57.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,000 shares of the technology company’s stock after purchasing an additional 11,000 shares during the period. Commonwealth Equity Services LLC owned 0.16% of US Gold worth $30,000 at the end of the most recent quarter. 1.25% of the stock is currently owned by institutional investors.

About US Gold (NASDAQ:USAU)

U.S. Gold Corp. operates as a gold exploration and development company in the United States. It has a portfolio of development and exploration properties. The company's properties include the Copper King project, an advanced stage gold and copper exploration and development project located in southeast Wyoming; Keystone project, an exploration property on the Cortez Trend in Nevada; and the Gold Bar North project, a gold exploration property located in Eureka County, Nevada.

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