U.S. Gold Corp. (USAU) Stock

U.S. Gold Corp. (USAU) is a Materials stock trading at $16.09 (as of 2026-08-24), with a market capitalization of $265.59M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

U.S. Gold Corp. engages in the exploration and development of gold and precious metals in the United States. It also explores for copper and silver deposits. The company holds 100% interests in the CK Gold project, which consists of various mining leases and other mineral rights covering approximately 1,120 acres in Laramie County, Wyoming; the Keystone project that consists of 650 unpatented lode mining claims covering approximately 20 square miles in Eureka County, Nevada; and the Challis Gold project, which consists of 87 unpatented lode mining claims covering approximately 1,710 acres in Lemhi County, Idaho. It also has earn-in agreement to acquire a 50% ownership interest in the Maggie Creek project that consists of 103 unpatented mining claims covering approximately 3 square miles in Eureka County, Nevada. The company is based in Elko, Nevada.

Understand U.S. Gold Corp.: how it makes money

U.S. Gold Corp. explores and develops gold and other precious-metal deposits in the United States, alongside copper and silver prospects. It aims to make money by advancing mineral rights into permitted, financed, built mines that can produce and sell metals, making project execution and funding central to the business.

The structural profit model is capital intensive and back ended: exploration and development spending must be converted into a producing mine before metal sales can support profits.

Business quality (Weak): Reported operating performance was weak, with an operating margin of -10% and revenue of $0.0 billion in the stated fiscal period.

Bear case

  • No proven operating earnings: In the stated fiscal period, the company reported an operating margin of -10%, showing it had not demonstrated profitable operating scale. Until a project reaches production, funding and execution can delay or prevent conversion of mineral rights into cash-generating operations.
Valuation — source: SEC EDGAR (first-party)
Price$16.09
Market Cap$265.59M
Price / Book5.45
FCF Yield-11.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$17.40M
Net Margin-11.0%
Valuation vs Sector & Industry
Sector P/E (Materials)25.9
Industry P/E (Metal Mining)26.9
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderPhiladelphia Financial Management of San Francisco, LLC ($14.73M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryMetal Mining
CEOGeorge Michael Bee
Employees4
CountryUS
IPO Date1980-03-17

Related Companies (Metal Mining; 8 comparable companies)

  • REALLOYS INC. (ALOY)
  • USA Rare Earth Inc (USAR)
  • Perpetua Resources Corp. (PPTA)
  • Ur-Energy Inc. (URG)
  • MP Materials Corp. (MP)
  • Dakota Gold Corp. (DC)
  • Idaho Strategic Resources, Inc. (IDR)
  • enCore Energy Corp. (EU)
USAU earnings history · USAU institutional & insider holders · USAU KPIs & operating metrics · USAU financials · USAU investor presentations & press releases · USAU SEC filings · USAU peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.