News Digest / Latest Stock Market News / H.C. Wainwright Stands Firm on US Gold Corp., Targeting $15 Amid Promising Feasibility Study Update

H.C. Wainwright Stands Firm on US Gold Corp., Targeting $15 Amid Promising Feasibility Study Update

Lukas Schmidt
09:59am, Wednesday, Jun 25, 2025

H.C. Wainwright has reaffirmed its optimistic stance on US Gold Corp. (NASDAQ: USAU) by maintaining a buy rating with a target price set at $15. This announcement follows the company's recent updates regarding its CK Gold Project, specifically the upcoming Feasibility Study (FS) that was detailed on June 24, 2025.

The FS aims to provide a comprehensive, site-specific estimate based on the Association for Advancement of Cost Engineering (AACE) Class 3 standards. It is an essential part of US Gold's strategy to guide the project's development effectively and align with its timeline expectations, set for completion by the end of Q4 2025. H.C. Wainwright highlighted that this updated FS is anticipated to pave the way for a "realistic and attractive development plan" for the CK Gold Project.

It's worth noting that the CK Gold Project site has all the necessary permitting secured, which is a crucial factor contributing to H.C. Wainwright's current bullish outlook on the stock. Such support tends to fortify trader confidence, indicating that the groundwork for future developments is solidly in place.

As traders eye US Gold Corp., the strategic insights from H.C. Wainwright could be pivotal for decision-making. Following the company's progress on project feasibility could yield new trading opportunities, especially if they stick to their anticipated timeline and deliver promising study results. In the volatile world of stock trading, remaining abreast of such developments can make all the difference between success and mere survival.

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