U.S. GoldMining Inc. (USGO) Stock

U.S. GoldMining Inc. (USGO) is a Materials stock trading at $9.99 (as of 2026-08-24), with a market capitalization of $133.41M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

U.S. GoldMining Inc., an exploration stage company, engages in the exploration and development of mineral properties in the United States. It holds interests in the Whistler project, a gold-copper exploration project covering 17,159 Ha located in the Yentna mining district, Alaska. The company was incorporated in 2015 and is based in Anchorage, Alaska. U.S. GoldMining Inc. operates as a subsidiary of GoldMining Inc.

Understand U.S. GoldMining Inc.: how it makes money

U.S. GoldMining Inc. is an exploration-stage company that explores and develops mineral properties in the United States, including its Whistler gold-copper project in Alaska, and it makes money only if its projects progress toward economically viable development and production.

As an exploration-stage company, USGO’s profit potential depends on whether its mineral projects, especially the Whistler gold-copper property, move from exploration and development into economic production rather than from current operating revenue.

Business quality (Weak): The company’s operating footprint is centered on one disclosed project (Whistler) and an exploration business model, so the key investor focus is project scale and forward progress rather than near-term operating earnings.

Bull case

  • Anchored by a defined gold-copper project: USGO holds interests in the Whistler project, a gold-copper exploration project covering 17,159 Ha in the Yentna mining district, Alaska.
  • Large project footprint: The provided operating metric shows a Land Package Size of 53,700.0 (count), which can support broader exploration scope within the project area.

Bear case

  • Exploration stage, no reported revenue: For the period ended 2026-03-31, revenue is shown as 0.0B, consistent with an exploration-stage profile rather than an operating business generating sales.
  • Profitability still unproven: The provided operating margin for 2026-03-31 is -3547.8%, indicating significant operating loss relative to revenue during this period.
Valuation — source: SEC EDGAR (first-party)
Price$9.99
Market Cap$133.41M
Price / Book15.33
Price / Sales814.66
FCF Yield-8.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$146103.00
Net Margin-4785.0%
Revenue Growth (YoY)-63.6%
EPS Growth (YoY)-19.1%
Financial Health — source: SEC EDGAR
Altman Z-Score88.68 (safe)
Valuation vs Sector & Industry
Sector P/E (Materials)25.9
Industry P/E (Precious Metals)24.4
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderSUMMIT WEALTH GROUP LLC / CO ($64.44M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryPrecious Metals
CEOTyler Wong
Employees6
CountryUS
IPO Date2023-04-20

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USGO earnings history · USGO institutional & insider holders · USGO KPIs & operating metrics · USGO financials · USGO investor presentations & press releases · USGO SEC filings · USGO 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.