U.S. GoldMining Inc. (NASDAQ:USGOW – Get Free Report) shares were down 4.1% on Thursday . The company traded as low as $1.5110 and last traded at $1.87. Approximately 37,971 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 35,913 shares. The stock had previously closed at $1.95.
U.S. GoldMining Trading Up 61.5%
The firm has a fifty day moving average of $0.72 and a 200-day moving average of $0.96.
About U.S. GoldMining
U.S. GoldMining Inc (NASDAQ: USGOW) is a North American mineral exploration and development company focused on advancing gold and precious metal projects in the United States and Canada. The company’s flagship asset is the Whistler gold project, situated in Idaho’s historic Silver Valley mining district, where it is working to expand and delineate a significant gold resource. In addition to Whistler, U.S. GoldMining holds the Blue Ridge project in British Columbia’s Golden Triangle, targeting high-grade epithermal and porphyry-style gold-copper mineralization.
The company’s primary activities include systematic geological mapping, drilling programs, resource estimation and metallurgical test work, all aimed at moving its projects toward feasibility and eventual production.
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