One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
U.S. Gold Corp.
USAU · NCM · Basic Materials · Gold
Current price
$10.58
52-week range
$9.96 - $23.75
Market cap
$174.87M
Balance sheet
Healthy
-67.65x Concerning
Net cash $27.03M. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
1 Risk
0 rewards · 1 risks
View details ↓What this company does
U.S. Gold Corp.
U.S. Gold Corp. is a company that looks for and develops gold and other precious metals, with its main focus on the CK gold project in Wyoming. The money this company makes primarily comes from discovering valuable mineral deposits, which is important because it's how they plan to generate future profits and potentially pay dividends (a portion of profits shared with shareholders).
How the company got here
U.S. Gold Corp. was founded in 2014 and is focused on exploring and developing mineral properties in the United States. The company's primary focus is on gold and silver deposits, but it also explores for copper and other precious metals. Its flagship property, the CK Gold Project in Wyoming, has a history dating back to 1881 when it was known as the Copper King Mine. After periods of limited mining and various exploration efforts by different companies, U.S. Gold Corp. acquired the mineral rights to the property in 2014. Significant technical studies and permitting processes have been completed for the CK Gold Project, positioning it as a development-stage asset.
What it actually does
U.S. Gold Corp. is a mining company that explores for, evaluates, and develops mineral properties. Its main activities involve identifying and assessing deposits of gold, silver, and copper. The company's goal is to bring these mineral resources to production, which involves extensive geological surveys, drilling, and feasibility studies to determine the economic viability of mining operations. Essentially, they are in the business of finding valuable metals in the ground and preparing to extract them.
CK Gold Project
The CK Gold Project is U.S. Gold Corp.'s main asset and is located in Wyoming. This project is a large deposit of gold, copper, and silver that is ready for development. It's an open-pit mine project, meaning the ore will be extracted from the surface downwards. The company has completed a feasibility study, which is a detailed analysis of the project's economic and technical viability, and has obtained all the necessary state permits to begin construction. The project is expected to have an initial mine life of about 11 years, with potential for expansion.
Keystone Project
The Keystone Project is an exploration-stage asset located in Nevada, situated on a highly prospective mineral trend known for significant gold deposits. U.S. Gold Corp. is actively exploring this area, which is geologically similar to other rich mining areas in the region. The company views Keystone as a significant opportunity for future discoveries and potential growth, and it is being advanced with the aim of identifying new mineral resources.
Challis Gold Project
The Challis Gold Project is located in Idaho and represents another exploration opportunity for U.S. Gold Corp. This project is situated within a historic volcanic field known for its mineral potential. The company is conducting systematic exploration activities here, aiming to uncover new gold deposits. While it is in an earlier stage of development compared to the CK Gold Project, it holds promise for future resource expansion.
What management is betting on now
Management is focused on advancing the CK Gold Project towards construction and production, as it is fully permitted and shovel-ready. Simultaneously, they are actively exploring the Keystone and Challis projects to identify new mineral resources and potential discoveries. The company is also exploring strategic options, such as potentially spinning out the Keystone project, to unlock shareholder value and manage its portfolio of assets effectively. Securing financing for the CK Gold Project's development is a key priority.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2025 Q3
$-3.15M
FY2025 Q4
$-2.72M
FY2026 Q2
$-4.91M
FY2026 Q3
$-5.83M
FY2026 Q4
$-6.08M
Revenue
—
Net income
$-4.60M
Diluted EPS
-0.28
Operating cash flow
$-3.54M
Free cash flow
—
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Sources
Revenue
—
Net income
$-5.36M
Diluted EPS
-0.34
Operating cash flow
$-6.08M
Free cash flow
$-6.08M
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Sources
Revenue
—
Net income
$-5.28M
Diluted EPS
-0.35
Operating cash flow
$-5.02M
Free cash flow
$-5.83M
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Sources
Revenue
—
Net income
$-4.48M
Diluted EPS
-0.31
Operating cash flow
$-3.80M
Free cash flow
$-4.91M
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Sources
Revenue
—
Net income
$-2.08M
Diluted EPS
-0.15
Operating cash flow
$-3.32M
Free cash flow
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Sources
Revenue
—
Net income
$-7.77M
Diluted EPS
-0.66
Operating cash flow
$-2.72M
Free cash flow
$-2.72M
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Sources
Revenue
—
Net income
$-6.36M
Diluted EPS
-0.54
Operating cash flow
$-3.14M
Free cash flow
$-3.15M
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Sources
Revenue
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Net income
$-2.10M
Diluted EPS
-0.20
Operating cash flow
$-1.82M
Free cash flow
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Sources
Is it cheap or expensive?
Fair value — vs current price $10.58
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $27.0M - more cash than debt. Interest coverage -67.7x.
Net debt
$-27.03M
Interest coverage
-67.65x
U.S. Gold Corp.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 4 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
USAU
BASELINE
U.S. Gold Corp.
Total debt $81.90K Interest coverage -67.65x This is the baseline the peer rows are being compared against.
Total debt $0.00 Interest coverage -61.40x Neither company has much profit cushion over interest right now.
Total debt $11.80M Interest coverage -4.92x Neither company has much profit cushion over interest right now.
Total debt $0.00 Interest coverage -16.22x Neither company has much profit cushion over interest right now.
Total debt $15.00K Interest coverage -4.09x Neither company has much profit cushion over interest right now.
What you should know
The case for and against USAU
0 Rewards
1 Risk
Rewards
Risks
-
Return on equity was -55.2% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
—
Forward P/E
-11.50x
P/B
3.89x
P/S
—
EV/EBITDA
-7.39x
PEG ratio
—
Profitability
How much profit each dollar creates
Gross margin
0.0%
Operating margin
0.0%
Net margin
0.0%
ROE
-55.2%
ROA
-33.6%
Health
Liquidity and balance-sheet strength
Debt / equity
0.00x
Current ratio
37.16x
Quick ratio
35.30x
Total debt
$81.90K
Total cash
$27.11M
Growth
How the business has been compounding
Revenue TTM
$17.40M
Revenue 5Y CAGR
-10.9%
EPS TTM
-1.27
EPS 5Y CAGR
—
Cash flow
How much cash the business throws off
Operating CF TTM
$-18.44M
Free CF TTM
$-18.22M
FCF margin
-104.7%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
300.0%
Last ex-div date
2008-02-27