USAU
U.S. Gold Corp.Basic Materials·Gold
$16.14
$266M market cap
Revenue
$0.0M
Free Cash Flow
$-14.8M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
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
2-Year Price History
$15.48+178.4%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q3 | 0.0 | -5.3 | -5.4 | -5.3 | -5.0 | -3.9 | -1.1 | 36.1 | 0.1 | 15.3 | -48.4% | -- | -- |
| Act | 2026-Q2 | 0.0 | -4.5 | -4.6 | -4.5 | -3.8 | -4.9 | -1.1 | 8.8 | 0.1 | 14.3 | -110.4% | -- | -- |
| Act | 2026-Q1 | 0.0 | -2.1 | -3.6 | -2.1 | -3.3 | -3.3 | -0.0 | 11.4 | 0.2 | 13.9 | -77.4% | -- | -- |
| Act | 2025-Q4 | 0.0 | -3.2 | -3.2 | -7.8 | -2.7 | -2.7 | -0.0 | 8.2 | 0.1 | 12.7 | -331.8% | -- | -- |
Historical Valuation
Multiples vs the company's own history — cheap or rich relative to itself? Historical fiscal years, then TTM, then forward projections (E). Forward rows hold today's price against projected earnings, so the multiple compresses if the company grows into it.
| Year | Price | Rev Gr | EBITDA % | EBITDA | EV/EBITDA | EV/FCF | P/E | P/S |
|---|---|---|---|---|---|---|---|---|
| TTM | 16.14 | — | — | -15 | 0.0× | 0.0× | 0.0× | — |
EBITDA in reporting-currency $M. Historical multiples use year-end market cap (split-adjusted price history); TTM & forward years use today's.
Valuation & Metrics
Market Stats
Price$16.14
Market Cap$266M
Enterprise Value$230M
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)0.0%
FCF Yield-5.6%
Dividend Yield (TTM)1.3%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$0.0M
Net Income$-19.6M
Free Cash Flow$-14.8M
Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC-142.0%
WC Change % Rev0.0%
Interest Coverage--
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares1.6M
Days to Cover8.0
Change (vs Prior)-0.3%
Need at least 2 settlement dates for chart
Employees
Headcount4
Revenue / Employee$0
Gross Profit / Employee$-36,174
Cash Runway
29.2months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
16.9%(+14.0% YoY)
83 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
13.1%(+10.7% YoY)
8 filers
Vanguard, iShares, SPDR
Market makers
0.4%(-0.0% YoY)
3 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Philadelphia Financial Management of San Francisco, LLC | $14.7M | $14.29 | −$3.6M | +$11.1M | +1.8% | $312M |
| BlackRock, Inc.Passive | $10.7M | $12.59 | +$604K | +$10.0M | -0.2% | $5.69T |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $8.2M | $15.19 | +$8.2M | +$8.2M | — | $4.04T |
| VAN ECK ASSOCIATES CORP | $5.9M | $15.19 | +$5.9M | +$5.9M | +0.8% | $133.17B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $4.8M | $11.45 | +$404K | +$2.9M | +2.3% | $1.61T |
| MACKENZIE FINANCIAL CORP | $4.2M | $15.19 | +$4.2M | +$4.2M | -0.2% | $83.32B |
| STATE STREET CORPPassive | $4.1M | $13.64 | +$456K | +$3.3M | -0.2% | $2.89T |
| MILLENNIUM MANAGEMENT LLC | $2.7M | $16.07 | −$2.5M | +$1.7M | -0.5% | $127.40B |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $2.1M | $15.19 | +$2.1M | +$2.1M | — | $1.91T |
| UBS Group AG | $2.0M | $14.66 | +$985K | +$2.0M | -0.3% | $562.11B |
| Russell Investments Group, Ltd. | $1.7M | $15.25 | +$1.7M | +$1.7M | +1.5% | $93.03B |
| NORTHERN TRUST CORPPassive | $1.5M | $12.52 | +$194K | +$1.2M | -0.2% | $755.34B |
| VANGUARD FIDUCIARY TRUST COPassive | $1.5M | $15.19 | +$1.5M | +$1.5M | — | $395.83B |
| MORGAN STANLEY | $1.1M | $10.54 | +$28K | +$395K | -0.3% | $1.65T |
| SUSQUEHANNA INTERNATIONAL GROUP, LLPMM | $918K | $10.99 | +$569K | +$658K | -0.6% | $77.14B |
| Cambridge Investment Research Advisors, Inc. | $902K | $6.83 | −$13K | +$71K | -0.4% | $38.49B |
| CITADEL ADVISORS LLC | $825K | $9.37 | +$499K | −$1.0M | -0.4% | $138.22B |
| GOLDMAN SACHS GROUP INC | $797K | $18.74 | −$1.9M | +$797K | -0.2% | $760.93B |
| RENAISSANCE TECHNOLOGIES LLC | $694K | $5.79 | −$732K | +$694K | +1.2% | $63.91B |
| Prospera Financial Services Inc | $667K | $4.85 | −$21K | −$107K | +0.1% | $6.19B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
+0.73%
avg per quarter
Holders (ex-self)
+0.73%
excl. this stock
Buyers (this Q)
+0.47%
38 buyers · $0.03B in
Sellers (this Q)
+0.70%
22 sellers · $0.02B out
alpha coverage: 84% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-3.7%
how holders react when this stock falls
On quiet Qs
+4.4%
−10% to +10% baseline
On rallies (+10%+)
+2.7%
how they react when this stock rises
Holders' portfolio flow this Q
-5.2%
outflows — trims may be forced
Sellers' portfolio flow this Q
-13.8%
Sellers shed AUM broadly — partly forced.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-1.4%
Holder mid (any stock)
-5.6%
Holder rally (any stock)
-11.4%
Biggest decreases this quarter
Up Capital Management, Inc.exited−$5.2MPhiladelphia Financial Management of San Francisco, LLC−$3.6Mα+1.8MILLENNIUM MANAGEMENT LLC−$2.5Mα-0.5GOLDMAN SACHS GROUP INC−$1.9Mα-0.2NewGen Asset Management Ltdexited−$1.6MJANE STREET GROUP, LLCexited−$994KInformed Momentum Co LLCexited−$873KRENAISSANCE TECHNOLOGIES LLC−$732Kα+1.2SEI INVESTMENTS COexited−$669KGSA CAPITAL PARTNERS LLPexited−$565K
New buyers this quarter
Top-5 holders · 57.7%
Philadelphia Financial Management of San Francisco, LLC--
BlackRock, Inc.--
VANGUARD CAPITAL MANAGEMENT LLC--
VAN ECK ASSOCIATES CORP--
GEODE CAPITAL MANAGEMENT, LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Philadelphia Financial Management of San Francisco, LLC970KMILLENNIUM MANAGEMENT LLC180KVAN ECK ASSOCIATES CORP387KUp Capital Management, Inc.—MACKENZIE FINANCIAL CORP277KGOLDMAN SACHS GROUP INC52KARMISTICE CAPITAL, LLC—UBS Group AG131KRussell Investments Group, Ltd.114KNewGen Asset Management Ltd—
Analyst Coverage
Analyst Coverage
Price Targets
Last Year (3 analysts)$25.175590.0%
Current Price$16.14
Analyst Ratings
4
Buy: 4Consensus: Buy
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$158K
3 txns · 3 insiders · 10,800 sh
Sells ($, 12mo)
$600K
1 txn · 1 insider · 49,917 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-04-13 | BUY | Francis Kevin A. | officer: VP-Exploration | 100 | $15.30 | $2K | $774K |
| 2026-04-10 | BUY | FIPKE JOHANNA | director | 700 | $14.91 | $10K | $379K |
| 2026-04-08 | BUY | NORMAN LUKE ANTHONY | director | 10,000 | $14.63 | $146K | $4.08M |
| 2025-08-09 | SELL | NORMAN LUKE ANTHONY | director | 49,917 | $12.02 | $600K | $5.29M |
Order Flow (FINRA, ~3w lag)
26.4%retail-1.8pp
15.0%dark+1.6pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
U.S. GOLD CORP.: A Dilution Machine Masked as a Development-Stage Miner
Overall Risk
8/10
Fraud
5/10
Dilution
9/10
Insolvency
6/10
Earnings Overstated
4/10
Hidden Liabilities
4/10
Legal
3/10
Audit Warnings
9/10
Hidden Upside
5/10
Contextually Acceptable
3/10