US Gold is a mining company focused on exploring and developing gold assets in North America
The company is dedicated to advancing its projects through a combination of innovative exploration techniques and responsible mining practices. US Gold aims to unlock the value of its mining properties, leveraging geological insights and industry expertise to uncover gold resources. The company is committed to sustainable operations that benefit both its shareholders and the communities in which it operates.
Shares in U.S. Gold Corp (NASDAQUSAU ) are in rally mode, trading at $5.37 on Wednesday at the time of this writing, which is over 46% higher than when they started Q2. The potentially better news for investors is that the rally is news-supported and, more importantly, sets the foundation for the steepening share price trajectory to continue.
Gold and copper prices are soaring, reaching record highs in 2024. And that's made investors who took positions in the metals themselves as early as last year look pretty smart. Still, they aren't the only winners. Miners in the sector, junior and senior, have also seen impressive appreciation. That includes U.S. Gold Corp (NASDAQUSAU ), whose shares are currently about 5% higher since the start of April, nearly doubling the gains of gold and easily outpacing the price action of other sector players during the same period. And that's despite a two-day pullback in gold prices that sent the values of nearly every miner lower.
US Gold Corp (NASDAQUSAU) founder Edward Karr discusses the current gold market and company prospects with Proactive's Stephen Gunnion. Karr highlighted the gold price reaching new all-time highs at approximately $2,400 per ounce, which he sees as a positive trend for the industry, particularly beneficial for junior mining companies.
Top Stories for Feb. 28, 2024: 1. Foremost Lithium Resource & Technology Ltd. (NASDAQFMST) submitted a $10 million proposal to the Government of Canada's $1.5 billion Critical Mineral Infrastructure Fund.
