Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. U.S. Gold Corp shares valued at $19,883 were purchased by Bee George M on May 22 ’24. At $5.90 per share, Bee George M acquired 3,371 shares. The insider’s holdings grew to 401,016 shares worth approximately $4.4 million following the completion of this transaction.
Also, Bee George M purchased 3,939 shares, netting a total of over 19,982 in proceeds. Following the buying of shares at $5.07 each, the insider now holds 397,645 shares.
Before that, Bee George M had added 4,179 shares to its account. In a trade valued at $19,651, the CEO, President bought U.S. Gold Corp shares for $4.70 each. Upon closing the transaction, the insider’s holdings increased to 4,179 shares, worth approximately $4.32 million.
As published in their initiating research note from ROTH MKM on December 18, 2024, U.S. Gold Corp [USAU] has been a Buy and the price target has been revised to $10. Analysts at ROTH Capital started covering the stock with ‘”a Buy”‘ outlook in a report released in late November.
Analyzing USAU Stock Performance
During the last five days, there has been a surge of approximately 15.11%. Over the course of the year, U.S. Gold Corp shares have jumped approximately 78.96%. Shares of the company reached a 52-week high of $11.75 on 03/20/25 and a 52-week low of $5.86 on 01/07/25. A 50-day SMA is recorded $9.28, while a 200-day SMA reached $7.15.
Support And Resistance Levels for U.S. Gold Corp (USAU)
According to the 24-hour chart, there is a support level at 10.27, which, if violated, would cause prices to drop to 9.56. In the upper region, resistance lies at 11.42. The next price resistance is at 11.86. RSI (Relative Strength Index) is 62.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.47, which suggests the price will decrease in the coming days. Percent R is at 7.60%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
