NasdaqCM:USAU

Stock Analysis Report

Executive Summary

U.S. Gold Corp. operates as a gold exploration and development company in the United States.

Risk Analysis

Earnings have declined by -41.72% per year over past 5 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

+ 1 more risk


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has U.S. Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: USAU has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.4%

USAU

-3.8%

US Metals and Mining

-1.2%

US Market


1 Year Return

-21.1%

USAU

8.5%

US Metals and Mining

22.3%

US Market

Return vs Industry: USAU underperformed the US Metals and Mining industry which returned 17.5% over the past year.

Return vs Market: USAU underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

USAUIndustryMarket
7 Day-2.4%-3.8%-1.2%
30 Day5.1%-5.1%1.6%
90 Day0.6%4.1%8.8%
1 Year-21.1%-21.1%11.7%8.5%25.0%22.3%
3 Yearn/a-1.4%-6.7%49.9%40.3%
5 Yearn/a32.7%22.4%77.6%58.0%

Price Volatility Vs. Market

How volatile is U.S. Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is U.S. Gold undervalued compared to its fair value and its price relative to the market?

2.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate USAU's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate USAU's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: USAU is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: USAU is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate USAU's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: USAU is overvalued based on its PB Ratio (2.4x) compared to the US Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is U.S. Gold forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.6%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as U.S. Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has U.S. Gold performed over the past 5 years?

-41.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: USAU is currently unprofitable.

Growing Profit Margin: USAU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: USAU is unprofitable, and losses have increased over the past 5 years at a rate of -41.7% per year.

Accelerating Growth: Unable to compare USAU's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: USAU is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.6%).


Return on Equity

High ROE: USAU has a negative Return on Equity (-82.31%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is U.S. Gold's financial position?


Financial Position Analysis

Short Term Liabilities: USAU's short term assets ($2.4M) exceed its short term liabilities ($258.7K).

Long Term Liabilities: USAU's short term assets ($2.4M) exceed its long term liabilities ($93.1K).


Debt to Equity History and Analysis

Debt Level: USAU is debt free.

Reducing Debt: USAU had no debt 5 years ago.


Balance Sheet

Inventory Level: USAU has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if USAU's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: USAU has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: USAU has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of -5.9% each year.


Next Steps

Dividend

What is U.S. Gold's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate USAU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate USAU's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if USAU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if USAU's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of USAU's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of U.S. Gold's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Ed Karr (50yo)

3.8yrs

Tenure

US$896,000

Compensation

Mr. Edward Matthew Karr, also known as Ed, has been President and Chief Executive Officer of US Gold Corp since April 2016. Mr. Karr is the Director of Pershing Gold Corporation in June 09, 2015. Mr. Karr  ...


CEO Compensation Analysis

Compensation vs Market: Ed's total compensation ($USD896.00K) is above average for companies of similar size in the US market ($USD519.76K).

Compensation vs Earnings: Ed's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

2.1yrs

Average Tenure

62yo

Average Age

Experienced Management: USAU's management team is considered experienced (2.1 years average tenure).


Board Age and Tenure

1.0yrs

Average Tenure

54.5yo

Average Age

Experienced Board: USAU's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$25,00023 Sep 19
Edward Karr
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares25,000
Max PriceUS$1.00
SellUS$19,22801 Feb 19
David Mathewson
EntityIndividual
Shares20,000
Max PriceUS$0.96

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.2%.


Management Team

  • David Rector (72yo)

    COO & Corporate Secretary

    • Tenure: 2.1yrs
    • Compensation: US$558.00k
  • Ted Sharp (62yo)

    CFO, Principal Financial & Accounting Officer

    • Tenure: 1.1yrs
    • Compensation: US$43.87k
  • Ed Karr (50yo)

    CEO, President & Director

    • Tenure: 3.8yrs
    • Compensation: US$896.00k

Board Members

  • John Braca (61yo)

    Chairman of the Board & Lead Director

    • Tenure: 1.3yrs
    • Compensation: US$86.00k
  • Douglas Newby (60yo)

    Independent Director

    • Tenure: 0.3yrs
  • Ewan Downie (52yo)

    Member of Advisory Board

    • Tenure: 0.08yrs
  • Tim Janke (67yo)

    Director

    • Tenure: 2.7yrs
    • Compensation: US$62.74k
  • Mario Stifano (48yo)

    Member of Advisory Board

    • Tenure: 0.08yrs
  • Andrew Kaplan (52yo)

    Independent Director

    • Tenure: 2.2yrs
    • Compensation: US$73.50k
  • Ed Karr (50yo)

    CEO, President & Director

    • Tenure: 3.8yrs
    • Compensation: US$896.00k
  • Ryan Zinke (57yo)

    Independent Director

    • Tenure: 0.8yrs
    • Compensation: US$45.00k

Company Information

U.S. Gold Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: U.S. Gold Corp.
  • Ticker: USAU
  • Exchange: NasdaqCM
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: US$19.686m
  • Shares outstanding: 23.86m
  • Website: https://www.usgoldcorp.gold

Number of Employees


Location

  • U.S. Gold Corp.
  • 1910 East Idaho Street
  • Suite 102
  • Elko
  • Nevada
  • 89801
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
USAUNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDMay 2017
DTUQDB (Deutsche Boerse AG)YesCommon StockDEEURMay 2017
0LHWLSE (London Stock Exchange)YesCommon StockGBUSDMay 2017

Biography

U.S. Gold Corp. operates as a gold exploration and development company in the United States. It explores for gold, copper, silver, and zinc minerals. The company’s properties include the Copper King project located in southeast Wyoming; and Keystone project, an exploration property on the Cortez Trend in Nevada. The company is based in Elko, Nevada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/27 01:10
End of Day Share Price2020/01/24 00:00
Earnings2019/10/31
Annual Earnings2019/04/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.