U.S. Gold Corp. Closes Private Placement of 1.92M Shares, Raising $31.2M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
0mins
Should l Buy USAU?
"U.S. Gold Corp. announced that we have closed a private placement of 1,922,159 shares of our common stock at a price of $16.25 per share and warrants to purchase 961,077 shares of our common stock at an exercise price of $23.00 per share, pursuant to a securities purchase agreement entered into with certain investors, resulting in total gross proceeds of approximately $31.2 million. The Warrants are immediately exercisable and will expire two years after the initial issuance date. Pricing of the Offering Shares was set based on the close price of our common shares on Monday December 15, 2025 of $16.91, representing an approximate 4% discount to the close price."
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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: 16.120
Low
26.00
Averages
26.75
High
27.50
Current: 16.120
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.
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- Trend Analysis: The recent downturn in silver prices indicates a potential shift in market dynamics.
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U.S. Gold Corp (USAU) Shares Surge 7% to $22 Amid Rising Gold Prices
- Stock Price Surge: U.S. Gold Corp (USAU) shares rose approximately 7% to around $22 on Friday afternoon as investors chase record gold prices, with spot gold hovering near $4,987 per ounce, just below this week's all-time highs.
- Project Economic Potential: As USAU remains in pre-production, a 2025 pre-feasibility study indicates its CK Gold Project in Wyoming could yield about 110,000 gold-equivalent ounces annually at all-in sustaining costs near $937 per ounce, suggesting substantial profit margins at current gold prices.
- Surging Gold Demand: Goldman Sachs projects gold prices could reach $5,400 by late 2026, with private wealth becoming a structural buyer, which enhances the economics of the CK project, improves financing conditions, and increases the attractiveness of exploration assets in Nevada and Idaho.
- Strong Market Momentum: Benzinga Edge rankings show USAU with extremely strong momentum (96.60) and a positive price trend across short-, medium-, and long-term horizons, indicating sustained investor confidence in the stock.
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U.S. Gold Corp. Closes $31.2 Million Private Placement
- Financing Scale: U.S. Gold Corp. successfully closed a private placement, issuing 1,922,159 shares at $16.25 each, resulting in total gross proceeds of approximately $31.2 million, thereby strengthening its capital base for future development.
- Shareholder Expansion: The financing attracted new shareholders including Franklin Templeton Investments, Mackenzie Investments, and Libra Advisors, further diversifying the shareholder base and enhancing market confidence.
- Use of Proceeds: The company intends to utilize the net proceeds for initial development costs at the CK Gold Project, potential land acquisitions, and further exploration activities, thereby advancing project progress and enhancing resource reserves.
- Market Reaction: The offering price represents a 4% discount to the closing price on December 15, indicating a cautious market sentiment regarding the company's future, while also reflecting the volatility in the current metals market.
See More
U.S. Gold Corp. Closes $31.2 Million Private Placement
- Successful Financing: U.S. Gold Corp. has successfully closed a private placement, issuing 1,922,159 shares of common stock at $16.25 per share, resulting in total gross proceeds of approximately $31.2 million, thereby strengthening the company's capital base for future development.
- Shareholder Expansion: The financing attracted new shareholders including Franklin Templeton Investments, Mackenzie Investments, and Libra Advisors, further diversifying the company's shareholder base and enhancing market credibility.
- Clear Use of Proceeds: The company intends to use the net proceeds for initial development costs at the CK Gold Project, potential land acquisitions, and further exploration activities, thereby driving project advancement and enhancing future profitability.
- Positive Market Response: The offering price reflects a 4% discount to the closing price on December 15, yet remains above the 30-day and 20-day volume weighted average prices, indicating market confidence in the company's future growth prospects.
See More
U.S. Gold Secures Approximately $31.2 Million in Private Placement; Stock Prices Decline
Private Placement Details: U.S. Gold (USAU) closed a private placement, issuing 1.92 million common shares at $16.25 each, along with warrants for 961,077 shares, raising approximately $31.2 million in gross proceeds.
Use of Proceeds: The funds will be allocated for the initial development of the CK Gold Project, potential land acquisitions, exploration activities, and general working capital.
Warrant Information: The warrants are immediately exercisable at $23 per share and will expire two years from the date of issuance.
Market Reaction: Following the announcement, USAU shares fell by 8% in premarket trading on Tuesday.
See More
U.S. Gold Corp. Participates in London Investment Conference
- Conference Participation: U.S. Gold Corp. will showcase its latest developments in gold and copper exploration at the Mines & Money @ Resourcing Tomorrow conference in London from December 2-4, 2025, at booth A08.
- Executive Presentation: President & CEO George Bee is scheduled to deliver a corporate presentation on December 2 at 14:10, which is expected to attract investor interest and enhance the company's visibility.
- Team Engagement: The U.S. Gold team will be available for one-on-one meetings during the conference, aiming to strengthen connections with potential investors and showcase the prospects of its CK Gold Project.
- Project Progress: The Preliminary Feasibility Study for the CK Gold Project has been completed by Samuel Engineering Inc., which is anticipated to provide crucial support for the company's future development plans.
See More
Spot Silver Continues Decline, Currently Down 6% at $67 per Ounce
- Market Performance: Silver prices have experienced a decline, dropping 6% to $67 per ounce.
- Trend Analysis: The recent downturn in silver prices indicates a potential shift in market dynamics.
See More
U.S. Gold Corp (USAU) Shares Surge 7% to $22 Amid Rising Gold Prices
- Stock Price Surge: U.S. Gold Corp (USAU) shares rose approximately 7% to around $22 on Friday afternoon as investors chase record gold prices, with spot gold hovering near $4,987 per ounce, just below this week's all-time highs.
- Project Economic Potential: As USAU remains in pre-production, a 2025 pre-feasibility study indicates its CK Gold Project in Wyoming could yield about 110,000 gold-equivalent ounces annually at all-in sustaining costs near $937 per ounce, suggesting substantial profit margins at current gold prices.
- Surging Gold Demand: Goldman Sachs projects gold prices could reach $5,400 by late 2026, with private wealth becoming a structural buyer, which enhances the economics of the CK project, improves financing conditions, and increases the attractiveness of exploration assets in Nevada and Idaho.
- Strong Market Momentum: Benzinga Edge rankings show USAU with extremely strong momentum (96.60) and a positive price trend across short-, medium-, and long-term horizons, indicating sustained investor confidence in the stock.
See More
U.S. Gold Corp. Closes $31.2 Million Private Placement
- Financing Scale: U.S. Gold Corp. successfully closed a private placement, issuing 1,922,159 shares at $16.25 each, resulting in total gross proceeds of approximately $31.2 million, thereby strengthening its capital base for future development.
- Shareholder Expansion: The financing attracted new shareholders including Franklin Templeton Investments, Mackenzie Investments, and Libra Advisors, further diversifying the shareholder base and enhancing market confidence.
- Use of Proceeds: The company intends to utilize the net proceeds for initial development costs at the CK Gold Project, potential land acquisitions, and further exploration activities, thereby advancing project progress and enhancing resource reserves.
- Market Reaction: The offering price represents a 4% discount to the closing price on December 15, indicating a cautious market sentiment regarding the company's future, while also reflecting the volatility in the current metals market.
See More
U.S. Gold Corp. Closes $31.2 Million Private Placement
- Successful Financing: U.S. Gold Corp. has successfully closed a private placement, issuing 1,922,159 shares of common stock at $16.25 per share, resulting in total gross proceeds of approximately $31.2 million, thereby strengthening the company's capital base for future development.
- Shareholder Expansion: The financing attracted new shareholders including Franklin Templeton Investments, Mackenzie Investments, and Libra Advisors, further diversifying the company's shareholder base and enhancing market credibility.
- Clear Use of Proceeds: The company intends to use the net proceeds for initial development costs at the CK Gold Project, potential land acquisitions, and further exploration activities, thereby driving project advancement and enhancing future profitability.
- Positive Market Response: The offering price reflects a 4% discount to the closing price on December 15, yet remains above the 30-day and 20-day volume weighted average prices, indicating market confidence in the company's future growth prospects.
See More
U.S. Gold Secures Approximately $31.2 Million in Private Placement; Stock Prices Decline
Private Placement Details: U.S. Gold (USAU) closed a private placement, issuing 1.92 million common shares at $16.25 each, along with warrants for 961,077 shares, raising approximately $31.2 million in gross proceeds.
Use of Proceeds: The funds will be allocated for the initial development of the CK Gold Project, potential land acquisitions, exploration activities, and general working capital.
Warrant Information: The warrants are immediately exercisable at $23 per share and will expire two years from the date of issuance.
Market Reaction: Following the announcement, USAU shares fell by 8% in premarket trading on Tuesday.
See More
U.S. Gold Corp. Participates in London Investment Conference
- Conference Participation: U.S. Gold Corp. will showcase its latest developments in gold and copper exploration at the Mines & Money @ Resourcing Tomorrow conference in London from December 2-4, 2025, at booth A08.
- Executive Presentation: President & CEO George Bee is scheduled to deliver a corporate presentation on December 2 at 14:10, which is expected to attract investor interest and enhance the company's visibility.
- Team Engagement: The U.S. Gold team will be available for one-on-one meetings during the conference, aiming to strengthen connections with potential investors and showcase the prospects of its CK Gold Project.
- Project Progress: The Preliminary Feasibility Study for the CK Gold Project has been completed by Samuel Engineering Inc., which is anticipated to provide crucial support for the company's future development plans.
See More
