U.S. GoldMining (NASDAQ:USGOW) Trading 16% Higher – Should You Buy?

U.S. GoldMining Inc. (NASDAQ:USGOWGet Free Report)’s share price rose 16% on Friday . The company traded as high as $2.54 and last traded at $2.39. Approximately 13,124 shares changed hands during trading, an increase of 152% from the average daily volume of 5,212 shares. The stock had previously closed at $2.06.

U.S. GoldMining Price Performance

The firm has a fifty day moving average of $1.42 and a 200-day moving average of $0.84.

U.S. GoldMining Company Profile

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U.S. GoldMining Inc, an exploration stage company, engages in the exploration and development of mineral properties in the United States. It holds interests in the Whistler project, a gold-copper exploration project covering 17,159 Ha located in the Yentna mining district, Alaska. The company was incorporated in 2015 and is based in Anchorage, Alaska.

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