Core Points - U.S. Gold Corp. announced the acquisition of a 10-acre parcel of land to support the CK Gold Project development planned for 2026 [1][2] - This acquisition marks the fourth key real estate property purchased by the company in connection with the CK Gold Project over the past four years [1][4] - The new site will serve as a centralized muster point for employees and contractors, facilitating transportation to the mine site and reducing local traffic congestion [2][4] Acquisition Details - The 10-acre parcel is located in the North Range Business Park, providing direct access to Interstates 80 and 25, and is expected to close by January 31, 2026 [2] - Previous acquisitions include three contiguous parcels totaling approximately 110 acres, which enhance operational flexibility and minimize impacts on neighboring communities [3] Project Development - The CK Gold Project's final feasibility study is nearing completion, and the company is positioning itself for efficient and community-sensitive operations [4] - Construction for the CK Gold Project is on track to begin in 2026 [4]

Group 1: Magnum Ice Cream Co (MICC) Demerger and Listing - Magnum Ice Cream Co (MICC) is preparing for a triple listing on the London Stock Exchange, New York Stock Exchange, and Euronext Amsterdam, following its demerger from Unilever, expected in mid-November 2025 [1][2] - The demerger process is projected to incur costs of €800 million, with approximately 55% of these costs already incurred [1] - Unilever will retain a minority stake of less than 20% in Magnum for up to five years, which will be sold to cover separation costs and maintain capital flexibility [2] - Magnum reported €7.9 billion in revenue and €1.3 billion in adjusted EBITDA for 2024, holding an approximate 21% global retail market share [2] - The company has established a stable dividend policy, targeting a payout ratio of 40-60% of adjusted net income, with the first dividend expected in the first half of 2027 [2] Group 2: Corporate Earnings - Amgen (AMGN) reported a 12.4% year-on-year increase in sales to $9.56 billion, driven by strong performance from new inflammation drugs and cholesterol therapy Repatha [7] - Following its strong performance, Amgen raised its full-year profit and revenue guidance, with adjusted EPS now expected between $20.60 and $21.40 and revenue between $35.8 billion and $36.6 billion [7] - Super Micro Computer (SMCI) issued a weak profit forecast for the current quarter, adjusting its first-quarter fiscal 2026 revenue estimate to approximately $5 billion, down from $6-$7 billion [8] - Despite the short-term setback, Super Micro maintained its full-year revenue forecast of at least $33 billion, citing strong AI demand and a $12 billion backlog of new orders [8] - AMD (AMD) beat its Q3 expectations with revenues of $9.25 billion and adjusted EPS of $1.20, but its Q4 outlook did not meet investor expectations [8] Group 3: Canada's Financial Sector Reforms - Canada's government is targeting competition within its financial sector by tackling fees, simplifying the process for consumers to switch banks, and reducing regulatory burdens for smaller lenders [9] - The initiative includes prohibiting investment and registered account transfer fees, which currently cost Canadians an average of $150 per account [9] - The government plans to increase the amount of immediately available deposited cheque funds to $150 from $100 [9] Group 4: Economic Indicators - New Zealand's unemployment rate for Q3 rose to 5.3%, with no employment growth quarter-over-quarter and a year-over-year decline of -0.6% [11] - In the United States, API crude oil inventories surged by 6.5 million barrels, significantly exceeding forecasts that anticipated a draw of 2.4 million barrels [12]

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].

Core Viewpoint - US Gold Corp (USAU) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - Rising earnings estimates for US Gold Corp indicate an improvement in the company's underlying business, likely leading to increased stock prices [5][8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7][9]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions [10]. Recent Performance of US Gold Corp - For the fiscal year ending April 2026, US Gold Corp is expected to earn -$0.60 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 21.6% over the past three months [8].

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [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) [3][4] - The stock has shown significant price changes, with a 56.31% increase over the past three months and a 172.39% increase over the past year, outperforming the S&P 500's 7.07% and 16.3% respectively [7] Price Performance - Over the past week, USAU shares increased by 0.17%, while the Zacks Mining - Gold industry rose by 1.64% [6] - The monthly price change for USAU is 9.33%, compared to the industry's 0.08% [6] Trading Volume - The average 20-day trading volume for USAU is 430,767 shares, indicating a bullish sign if the stock price rises with above-average volume [8] Earnings Outlook - In the last two months, one earnings estimate for USAU has increased, raising the consensus estimate from -$0.65 to -$0.60 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions [10] Conclusion - Given the positive momentum indicators and earnings outlook, US Gold Corp is positioned as a promising investment opportunity with a Momentum Score of B [12]

Core Viewpoint - US Gold Corp (USAU) shares have increased by 9.3% in the last four weeks, closing at $17.46, with a potential upside of 25% based on Wall Street analysts' mean price target of $21.83 [1][11]. Price Targets and Analyst Estimates - The mean price target consists of three short-term estimates with a standard deviation of $1.76, indicating variability among analysts [2]. - The lowest estimate of $20.00 suggests a 14.6% increase, while the highest estimate of $23.50 indicates a potential surge of 34.6% [2]. - A low standard deviation signifies strong agreement among analysts regarding the stock's price movement direction [9]. Earnings Estimates and Analyst Agreement - Analysts have shown increasing optimism about USAU's earnings prospects, as evidenced by a positive trend in earnings estimate revisions [11]. - The Zacks Consensus Estimate for the current year has risen by 7.7% over the past month, with one estimate increasing and no negative revisions [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 commonly referenced by investors, they can often mislead and should not be the sole basis for investment decisions [3][10]. - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [8].

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]