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How to Buy Us Goldmining Stock

Us Goldmining Inc

U. S. GoldMining Inc. , an exploration stage company, engages in the exploration and development of mineral properties in the United States.

Us Goldmining stock last closed at $5.87, down 3.61% from the previous day, and has decreased 39.86% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.14 percentage points. Us Goldmining stock is currently +19.55% from its 52-week low of $4.91, and -65.95% from its 52-week high of $17.24.

At the moment, there are 12.4M shares of USGO outstanding. The market value of USGO is $72.78M. In the last 24 hours, 5012 USGO shares were traded.

How to Buy Us Goldmining Stock

Not sure how to invest in Us Goldmining stock? Here's how.
  1. Figure out where to buy Us Goldmining stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Us Goldmining stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Choose your payment method and add your details.
  4. Research Us Goldmining stock: The Us Goldmining ticker symbol is USGO. Is Us Goldmining stock a good investment? Should you buy shares of USGO? How do USGO's underlying business fundamentals look? Do top analysts think Us Goldmining is a good buy? Why has USGO's stock price moved recently? (Hint: Our stock market research website can help you evaluate if USGO is a good stock to buy).
  5. Make your USGO trade: Decide if you will purchase USGO shares at the current market price or use a limit order to purchase USGO stock at a specific price.
  6. Keep an eye on your USGO investment: Create a watchlist to key updates about your investment in Us Goldmining stock.

Step 1: Figure out where to buy Us Goldmining stock

You will need a brokerage account in order to access the NASDAQ market and buy USGO shares.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the best brokerage, you'll need to fill out some personal info so you are able to invest in USGO today.

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  2. Input your personal info to open a new trading account.
  1. Send your info by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you've created your account on the stocks app, you can securely and quickly fund your account:

Check out the walkthrough below if you need help transferring funds into your investment account.

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Step 4: Research Us Goldmining stock

Once you have decided on the best place to buy Us Goldmining stock, it's crucial to research their stock prior to investing, so you can wrap your head around the risk and upside.

Us Goldmining quick stats

USGO Price
$5.87
1w %
-6.68%
1y %
-39.86%
5y %
N/A
P/E
-7.16x
P/B
5.96x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$9.36M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$72.78M
Next Earnings
N/A
Next Dividend
N/A

Us Goldmining Fundamentals

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on USGO's stock page.

How is USGO stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge USGO's fair value.

Using relative valuations methods:

  • USGO may be overvalued based on its P/B ratio of 5.96x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.17x

You can access more valuation research on USGO's stock here.

Is USGO a healthy company?

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the USGO balance sheet.
  • There are more short-term assets than short-term liabilities on the USGO balance sheet.
  • USGO has cash burn of 10408338. It has sufficient cash and short-term investments to cover this for at least one year.
  • USGO has a low debt to equity ratio of 0.07.

Negative Financial Indicators:

  • USGO has $11.49M in cash and short term investments. This is not enough to cover its annual cash burn of $10.41M.

Do analysts think it's a good time to buy USGO stock

Out of 1 sell side analysts who give forecasts on USGO, the consensus analyst rating on USGO is a Buy

Please note that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Us Goldmining stock forecast page.

USGO Momentum

SMA10
5.95
SMA20
6.42
SMA50
5.96
SMA100
6.25
SMA200
7.3
MACD
-0.07
MACD Signal
0.01
MACD Histogram
-0.09
RSI
45.52
Stochastic %K
33.55
Stochastic %D
31.36
StochRSI %K
24.24
StochRSI %D
20.7

Are USGO insiders buying or selling the stock?

Over the past 12 months, executives and large shareholders at USGO have bought more shares than they have sold.

Goldmining Inc, 10% Owner of USGO, was the latest USGO insider to buy. They bought $287,442.00 worth of USGO shares on May 19, 2023.

Research more about who owns USGO stock here.

Does USGO stock generate passive income?

No, Us Goldmining doesn't provide an income stream by paying out dividends.

USGO Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Make your USGO trade

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, place a limit order.

Press the Open Trade button and your broker will place your order.

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Step 6: Keep an eye on your USGO investment

Now that you own some shares in USGO, you'll want to stay up-to-date on your new stock purchase.

Create a watchlist to keep track of your USGO stock.

USGO Feed

How to Buy Stock in Us Goldmining

To summarize, here are the 6 steps for buying Us Goldmining stock:

  1. Figure out where to buy Us Goldmining stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Research Us Goldmining stock
  5. Make your USGO trade
  6. Keep an eye on your USGO investment

If you need a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in Us Goldmining, create your watchlist below.

NASDAQ: USGO
$5.87-0.22 (-3.61%)
Updated May 3, 2024
Open eToro Account
NASDAQ: USGO
$5.87-0.22 (-3.61%)
Updated May 3, 2024
Open eToro Account

FAQ

How much does it cost to buy one Us Goldmining share?

As of May 3, 2024, it costs $5.87 to buy one share of Us Goldmining stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.341 shares of USGO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Us Goldmining stock?

According to 1 Wall Street analysts who monitor Us Goldmining, their consensus recommendation is to buy Us Goldmining stock.

What is the best way to buy Us Goldmining stock?

One way to place an order for Us Goldmining stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.