U.S. GoldMining (NASDAQ:USGOW) Stock Price Down 8% – Here’s Why

U.S. GoldMining Inc. (NASDAQ:USGOWGet Free Report) fell 8% during mid-day trading on Thursday . The company traded as low as $1.33 and last traded at $1.33. 3,321 shares traded hands during trading, a decline of 20% from the average session volume of 4,131 shares. The stock had previously closed at $1.45.

U.S. GoldMining Stock Performance

The company has a 50-day moving average price of $1.06 and a 200-day moving average price of $0.73.

About U.S. GoldMining

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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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