Core Viewpoint - The sustainability of a trend is crucial for successful short-term investing, and confirming the fundamentals behind a stock's momentum is essential for profitability [1][2]. Group 1: Trend Analysis - Timing entries into a trend significantly impacts investment success, as trends can reverse unexpectedly, leading to potential losses [1][2]. - A predefined "Recent Price Strength" screen can help identify stocks in an uptrend supported by strong fundamentals, indicating bullishness [3]. Group 2: Company Spotlight - US Gold Corp (USAU) - US Gold Corp (USAU) has shown a solid price increase of 61.1% over the past 12 weeks, reflecting investor confidence in its potential upside [4]. - The stock has maintained a price increase of 3% over the last four weeks, indicating that the upward trend is still intact [5]. - Currently, USAU is trading at 81.7% of its 52-week high-low range, suggesting it may be on the verge of a breakout [5]. Group 3: Fundamental Strength - USAU holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock's Average Broker Recommendation is 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term performance [7]. - The Zacks Rank system has a strong historical performance, with Zacks Rank 1 stocks averaging a +25% annual return since 1988 [7]. Group 4: Additional Opportunities - Besides USAU, there are other stocks that meet the criteria of the "Recent Price Strength" screen, providing additional investment opportunities [8]. - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [8].

Investors might want to bet on US Gold Corp (USAU) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earn ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Shares of US Gold Corp (USAU) have gained 9.3% over the past four weeks to close the last trading session at $17.46, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $21.83 indicates a potential upside of 25%.The mean estimate comprises three short-term price targets with a standard deviation of $1.76. While the lowest estimate of $20.00 indicates a 14.6% increase from the curren ...

Core Insights - U.S. Gold Corp. will present at the LD Micro Main Event XIX on October 21st at 12:30pm PT, showcasing its strategic vision and growth potential to investors [2][4] - The LD Micro Main Event XIX will take place from October 19th to 21st, featuring around 120 companies and providing opportunities for one-on-one investor meetings [5][6] Company Overview - U.S. Gold Corp. is focused on gold and copper exploration and development in the U.S., with projects in Wyoming, Nevada, and Idaho [7] - The CK Gold Project in Southeast Wyoming has a Preliminary Feasibility Study completed by Samuel Engineering Inc., while the Keystone exploration property is located on the Cortez Trend in Nevada, and the Challis Gold Project is in Idaho [7] Event Details - The event will include registration, keynote speakers, and company presentations over three days, culminating in a closing reception [5][6] - Luke Norman, Co-Founder & Chairman of U.S. Gold Corp., emphasizes the importance of engaging with investors during the event [4]

Gold Market Overview - Gold prices have increased nearly 51% year to date, reaching an all-time high of $3,976 per ounce on October 7 [1][10] - The demand for gold is rising as it is viewed as a "safe-haven" investment amid expectations of interest rate cuts by the Federal Reserve and economic uncertainties [2][4] Central Bank Activity - Central banks in emerging economies are actively purchasing gold to bolster their reserves due to rising global debt levels and geopolitical risks, particularly in the Middle East [3] - A global trend of cutting interest rates is beneficial for gold, as lower rates enhance the appeal of non-income-bearing assets like gold [4] Supply-Demand Dynamics - The gold mining industry is facing a supply-demand imbalance, with a scarcity of new gold deposits and lengthy exploration processes [6] - Increased use of gold in sectors such as energy, healthcare, and technology is expected to further drive demand [7] Investment Opportunities in Gold Mining Stocks - Companies with favorable Zacks Rank for investment include Agnico Eagle Mines Ltd. (AEM), DRDGOLD Ltd. (DRD), Alamos Gold Inc. (AGI), Gold Fields Ltd. (GFI), and U.S. Gold Corp. (USAU), all rated as Strong Buy [5][10] Company-Specific Insights Agnico Eagle Mines Ltd. (AEM) - Focused on growth through key projects and acquisitions, with expected revenue and earnings growth rates of 30.6% and 68.1% respectively for the current year [11][13] - The merger with Kirkland Lake Gold has positioned AEM as a leading senior gold producer [12] DRDGOLD Ltd. (DRD) - A medium-sized, unhedged gold producer with a focus on South Africa and Australasia, expected revenue and earnings growth rates of 35.2% and -0.7% respectively [14][15] Alamos Gold Inc. (AGI) - An intermediate gold producer with diversified operations in North America, expected revenue and earnings growth rates of 33.4% and 76.3% respectively [16] Gold Fields Ltd. (GFI) - Operates in multiple countries with a strong focus on gold production, expected revenue and earnings growth rates of 69.4% and over 100% respectively [17] U.S. Gold Corp. (USAU) - A gold exploration and development company with a focus on domestic properties, expected earnings growth rate of 46.9% for the current year [18]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1]. Company Overview: US Gold Corp (USAU) - US Gold Corp currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [2][3]. - The stock has shown significant price performance, with a 46.2% increase over the past quarter and a remarkable 213.11% gain over the last year, outperforming the S&P 500's increases of 7.36% and 19.22% respectively [6]. Price Performance - Over the past week, USAU shares increased by 1.88%, while the Zacks Mining - Gold industry rose by 3.29%. The monthly price change for USAU is 43.63%, compared to the industry's 14.03% [5]. - The average 20-day trading volume for USAU is 393,354 shares, which is a useful indicator of market interest and momentum [7]. Earnings Outlook - In the last two months, one earnings estimate for USAU has been revised upward, while none have been revised downward, leading to an increase in the consensus estimate from -$0.65 to -$0.60 [9]. - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating positive sentiment regarding future earnings [9]. Conclusion - Considering the positive momentum indicators and earnings outlook, US Gold Corp is positioned as a promising investment opportunity with a Momentum Score of B and a Zacks Rank of 2 (Buy) [11].

Core Viewpoint - US Gold Corp is advancing its CK Gold Project and refocusing on the Keystone Project, highlighting significant geological potential and the need for capital to unlock value [1][4][12] CK Gold Project - The company is in the final stage of the definitive feasibility study for the CK Gold Project, with site preparation and road construction underway [1][5] - An agreement has been signed with Black Hills Energy for power transmission, with financing decisions expected by the end of the year [2][6] Keystone Project - The Keystone Project is described as a "district scale project" located near Barrick's Cortez Complex, which has recently seen a major discovery that significantly increased Barrick's market cap by $30–40 billion [2][8] - The geological similarities between Keystone and Cortez, including the same rock types and stratigraphy, position Keystone as a promising exploration target [8][9] - The arsenic anomaly at Keystone is noted to be one of the largest seen in Nevada, indicating strong potential for gold mineralization [3][9] Historical Context and Drilling - Historical drilling at Keystone has been limited, primarily conducted by Placer Dome before Barrick's acquisition of Cortez, with US Gold Corp consolidating the district over 25 years [10] - Recent scout drilling has revealed over 1,800 feet of altered limestone host rock, similar to that at Cortez, suggesting the presence of gold deposits [11] Future Potential - The company acknowledges that while advancing CK Gold, the potential discovery at Keystone could have transformative, billion-dollar implications [12] - The geological structure at Keystone includes a 13-mile-long corridor with multiple intrusives, which are critical for gold deposition, mirroring successful methodologies used at Cortez [13]

Core Insights - Albert Anthony is a Croatian-American business author and media contributor with a focus on real estate investment trusts (REITs) [1] - He has a background in IT analysis for Fortune 500 companies and experience in financial services with Charles Schwab [1] - Anthony is launching a book on REITs in 2025 and operates his own equities research firm remotely [1] Background and Experience - The author has over 1,000 followers on Seeking Alpha and writes for various financial platforms [1] - He has participated in numerous business and innovation conferences in the EU and has a degree from Drew University [1] - Currently enrolled in the CMSA certification program at the Corporate Finance Institute in Vancouver [1] Media and Digital Presence - Albert Anthony is active in digital media, including a YouTube channel focused on REITs [1] - He has appeared in regional media channels in Croatia and has had roles in over five productions [1] - The author does not engage with non-publicly traded companies or small-cap stocks [1]

Core Viewpoint - US Gold Corp (USAU) has shown a significant price increase of 13.3% over the past four weeks, with a mean price target of $19.5 indicating a potential upside of 29% from the current price of $15.12 [1] Price Targets and Analyst Estimates - The mean estimate consists of three short-term price targets with a standard deviation of $4.27, where the lowest estimate is $15.00 (indicating a 0.8% decline) and the highest estimate is $23.50 (indicating a 55.4% increase) [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement [9] Earnings Estimates and Analyst Agreement - There is a strong consensus among analysts regarding the company's ability to report better earnings, with a 17.8% increase in the Zacks Consensus Estimate for the current year [11][12] - USAU holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - While price targets are a common metric for investors, relying solely on them may not be prudent due to potential biases and inflated targets set by analysts [3][8][10]