U.S. Gold

U.S. Gold completed a drone-assisted geomagnetic survey covering 325 line kilometres at the CK Gold project in southeast Wyoming, expanding previously identified magnetic anomalies and indicating additional magnetite-altered zones that could host gold and copper mineralization. The anomalies follow a northwest structural orientation; Wright Geophysics is analyzing the data and a gravity survey is planned for the end of July. The company is developing a drill program to test mineralization inside and outside the existing open-pit boundaries. The stock has fallen 24% year-to-date to $14.77; analysts' price targets range from $22 to $33.25, and the balance sheet shows more cash than debt. » Więcej na de.investing.com

U.S. Gold Corp. released a technical report on the feasibility study for the CK gold project in Wyoming, prepared with Micon International and filed as an 8-K with the SEC. The study shows a post-tax NPV of 632 million USD at a 5% discount rate; at current spot metal prices the NPV rises to around 1.30 billion USD. The company highlights optimization opportunities for the project, has a solid balance sheet with minimal debt and is reviewing strategic options; an InvestingPro analysis currently rates the stock as overvalued. » Więcej na de.investing.com

The feasibility study for the CK Gold project shows an after‑tax NPV of US$632 million in the base case and US$1.30 billion at current spot prices. U.S. Gold identified roughly 900,000 gold‑equivalent ounces outside the current production plan and is testing processes that could raise gold recovery from about 70% to as much as 95%, potentially adding several hundred thousand ounces. The fully permitted project is targeting a construction decision in 2026; the company is currently unprofitable but has a strong liquidity position and a high current ratio. Analyst price targets point to substantial upside versus the current market capitalization. » Więcej na de.investing.com