New Discoveries, Rising Prices, and Critical Metals Create Perfect Storm for Gold Explorers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2025
0mins
Source: PRnewswire
Gold Market Surge: Gold prices have surpassed $3,400 per ounce amid concerns over the U.S. economy, with forecasts suggesting potential increases to $5,000 by 2028, prompting investor interest in mining equities, particularly RUA GOLD Inc. and others.
RUA GOLD's Exploration Success: RUA GOLD Inc. has reported promising drill results from its Auld Creek project in New Zealand's Reefton Goldfield, indicating strong mineralization and expansion potential, while also advancing its Glamorgan Project on the North Island.
Analyst Views on USAU
Wall Street analysts forecast USAU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USAU is 26.75 USD with a low forecast of 26.00 USD and a high forecast of 27.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 20.590
Low
26.00
Averages
26.75
High
27.50
Current: 20.590
Low
26.00
Averages
26.75
High
27.50
About USAU
U.S. Gold Corp. is a gold and precious metals exploration company, which is engaged in the exploration and development of properties. The Company owns certain mining leases and other mineral rights comprising the CK Gold Project in Wyoming, the Keystone Project in Nevada and the Challis Gold Project in Idaho. The CK Gold Project deposit is a development-stage, large-tonnage, gold-copper deposit with high-grade mineralization exposed at the surface surrounded by a large, low-grade zone with potential for expanding resources. The CK Gold Project property comprises about 1,120 acres and is 100% owned by the Company. The Project is located about 75 kilometers (kms) southwest (SW) of Salmon, ID and 20 kms SW of Revival Gold's Beartrack Project, within the Tertiary Challis Volcanic Field. The Keystone project is a Carlin-type gold deposit exploration project located on Nevada's Cortez Trend, one of the most prolific gold mining trends and home to some of North America's largest mines.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








