From Monday's closing valuation of USAU at $10.00+, these analysts are providing targets over 45% and 90% respectively.
Now, I'm not saying that these targets are going to be hit today or this week, but it's important to take notice of the potential upside these analysts are pointing to for USAU.
#3 USAU Potential Breakout Catalyst - Company To Discuss Upcoming Events Today
U.S. Gold Corp. to Discuss Recent and Upcoming Developments
Management Team to Host Call on Wednesday, December 1, 2021 at 11 a.m. ETCHEYENNE, Wyo., Nov. 24, 2021 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, will host a conference call webcast on Wednesday, December 1, 2021 at 11:00 a.m. ET to update in-vest-ors on recent developments of its mining assets and to discuss plans and objectives looking forward into 2022.
Members of the management team will host a conference call with prepared remarks followed by a Q&A session.
Read the full article here.
#4 USAU Potential Breakout Catalyst - Multiple Technicals Turn Bullish
As of close on Tuesday, USAU had several technical indicators that have been triggered as bullish.
They include the following (from Barchart):
- 20 Day Moving Average
- 20 - 50 Day MACD Oscillator
- 20 - 100 Day MACD Oscillator
- 50 Day Moving Average
- 50 - 100 Day MACD Oscillator
- 100 Day Moving Average
- 150 Day Moving Average
- 200 Day Moving Average
Half of those indicators above are short term technicals which means this profile will need to be monitored closely starting now.
On top of that, at close Tuesday, USAU was being considered by Barchart as a "40% BUY," way up from last month's opinion of "100% SELL."
Furthermore, Barchart is reporting their composite "TrendSpotter" indicator as a "BUY" also.
#5 USAU Potential Breakout Catalyst - Entering Into A Key Land Agreement
U.S. Gold Corp. Executes Agreement for Additional Land for the CK Gold Project in Wyoming
-Agreement provides U.S. Gold Corp. with an option on the necessary future land and a permanent right-of-way for the CK Gold Project
CHEYENNE, Wyo., Sept. 14, 2021 /PRNewswire/ -- U.S. Gold Corp. ("the Company") (NASDAQ: USAU), a gold exploration and development company, is pleased to announce it has entered into a land agreement with the surrounding land-owner that provides an option to lease additional land and grant access necessary to develop the CK Gold Project.
The new agreement allows for an additional access route into the project off County Road 210, approximately two miles off the paved Happy Jack Road from the west. This will reduce approximately 2.5 miles of travel on County Road 210 to reach the CK Gold Project location from the pavement. The new route decreases road wear, lessens dust and improves safety by decreasing traffic on an already busy gravel road, which is utilized daily by homeowners and the public accessing nearby Curt Gowdy State Park.
U.S. Gold Corp.'s President and CEO George Bee stated, "This new land agreement is a very positive step forward. Our neighboring rancher continues to be a very supportive partner as we advance the project. We are extremely grateful for this extended land access and the cooperation we have had while we conduct studies now covering the entire proposed footprint of the project. While the project area is hosted in a historical mining district, ranching and the rearing of cattle is the enduring mainstay of economic activity in the area. By advancing the potential to reintroduce mining, we believe the CK Gold Project will serve to be beneficial for the community, our local neighbors, the State of Wyoming and our shareholders. Our goal with the CK Gold Project is to create valuable jobs, generate revenues, contribute to the Wyoming school system through royalty payments, give back to the Cheyenne community, and leave the ground completely reclaimed for future use."
Read the full article here.
USAU Recap - The Top 5 Potential Catalysts
#1 - Another Low Float Idea
#2 - Strong Analyst Price Targets
#3 - Company To Discuss Upcoming Events Today
#4 - Multiple Technicals Turn Bullish
#5 - Entering Into A Key Land Agreement
Coverage if officially reinitiated on USAU. When you have time later, do this: