U.S. GoldMining (NASDAQ:USGO) Price Target Raised to $26.50

U.S. GoldMining (NASDAQ:USGO) had its target price lifted by stock analysts at HC Wainwright from $24.00 to $26.50 in a report issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. HC Wainwright’s price target suggests a potential upside of 222.38% from the stock’s previous close.

U.S. GoldMining Stock Performance

NASDAQ:USGO opened at $8.22 on Tuesday. U.S. GoldMining has a 12 month low of $5.00 and a 12 month high of $14.46. The firm has a fifty day simple moving average of $9.85 and a two-hundred day simple moving average of $7.82.

About U.S. GoldMining

U.S. GoldMining Inc, an exploration stage company, engages in the exploration and development of mineral properties in the United States. The company's primary asset is the 100%-owned Whistler exploration property, a gold-copper exploration project comprising mining claims totaling 53,700 acres located in Yentna Mining District, Alaska.