Gold’s allure is spreading as the metal locks in fresh records. US Gold Corp. (NASDAQ: USAU) looks like a hidden opportunity in this Bull Market!
Given gold’s bullish performance in 2023 and in 2024, many investors have turned to the metal to stabilize their portfolios and mitigate the devastating effects of inflation and global turmoil. The yellow metal has long been considered a safe haven and has hit record levels this year. The real opportunity may not be in physical gold itself or the ETFs tracking it but undervalued gold mining companies that have yet to catch up to the price of bullion!
US Gold Corp. (NASDAQ: USAU) is a small-cap gold exploration company that holds a competitive advantage with its focus on world-class gold projects in mining-friendly U.S. jurisdictions.
How is U.S. Gold Corp. (NASDAQ: USAU) standing out? A $13 price target to start. HC Wainwright & Co. and Alliance Global Partners have set a price target of over $13 per share for U.S. Gold Corp, significantly higher than its recent trading range. The company has a development package with blue sky potential. This is a world-class portfolio combining later-stage development assets and exploration. The portfolio offers investors both potential near-term production and district-scale blue sky exploration. The company’s CK Gold project’s notable strength is its dual exposure to copper and gold markets.
CK Gold exposes compelling value and potential near-term production in mining-friendly Wyoming. 1.44 million AuEq Proven & Probable oz Reserve! And permitting is underway for the project! It should also be highlighted that this project is one of the few permitted and shovel-ready gold and copper endeavors in North America, allowing for a streamlined path to production!
Discover how U.S. Gold Corp. (NASDAQ: USAU)represents a compelling opportunity as gold prices skyrocket!
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