|
U.S. GOLD CORP.
US NASDAQ SYMBOL: USAU
Last Close: $15.21 | Website | Latest News
We need to urgently turn your attention to a stock that just came across our desk this afternoon as it BURSTED through previous 4 year highs into what's known as "Blue Skies Territory" - effectively no upper chart resistance above it!
So could this lead to a continued uninterupted rally north?
WE ARE ISSUING AN IMMEDIATE ALERT ON USUA FOR TOMORROW!
U.S. Gold Corp. (NASDAQ: USAU) is a publicly traded, U.S. focused gold and copper exploration and development company. U.S. Gold Corp. has a portfolio of exploration properties with projects located in Wymoing, Nevada, and Idaho.
USAU's CK Gold Project is an advanced stage gold-copper deposit exploration and development project located in southeast Wyoming on about 1,120 acres (2 square miles) and is 100% owned. The project offers the company near-term, open-pit production potential as well as compelling value with Mineral Resources of 1.58 million gold equivalent ("AuEq") ounces of Measured and Indicated.
The Keystone Project in Nevada is located on the prolific Cortez Gold Trend, one of the world’s most highly prospective mineral trends. Over the past 50 years, the Cortez and Carlin trends in Nevada have produced more than 245 million ounces of gold.
SO WHAT CAUSED USAU TO POP TO 4 YEAR NEW HIGHS??
Well it's no secret that Gold has been hitting New All-Time Highs here at $3600+/oz at time of writing.
And considering USAU is amongst the most prominent Gold players on the NASDAQ, it's no surprise that it has followed suit....
Whats most important here is that our RSI Momentum Indicator is STILL in the POWER ZONE (aka not "Overbought") which means USAU may still have plenty of room to GO!
And as you can imagine, with a chart like this - many Analysts would also be on board...
Barchart has an unprecedented 100% STRONG BUY with direction in the
TOP 1% STRONGEST of all stocks and MAXIMUM Strength!!
⬆️ TipRanks rates "Moderate BUY" with a High Price Target of $19
⬆️ MarketBeat rates a "BUY" with a High Price Target of $19
⬆️ Zacks has a a Hold with a High Price Target of $23.50
⬆️ Public.com has a 100% "STRONG BUY" Rating
THE BOTTOM LINE
This one doesn't take much brain power to figure out -- and it also may be a pure "no brainer"!
USAU is a gold stock on the run now in "Blue Skies Territory" while Gold is doing the same hitting New All-Time Highs!
That makes USAU a pure Gold play that you can't miss if you're looking to ride the wave!
Make sure you put it on your screen RIGHT NOW and Follow on Twitter for all the Updates + Play-by-Play!
|
