U.S. Gold Corp. engages in the exploration, evaluation, and development of mineral properties in the United States. It explores for gold, silver, copper, and precious metals deposits. The company holds 100% interests in the CK gold project, which consists of various mining leases and other mineral rights covering an area of approximately 1,120 acres located in Laramie County, Wyoming; the Keystone project that consists of 601 unpatented lode mining claims covering an area of approximately 20 square miles located in Eureka County, Nevada; and the Challis gold project, which consists of 77 unpatented lode mining claims covering an area of approximately 1,710 acres located in Lemhi County, Idaho. It also holds a royalty potential of 0.5% in the Maggie Creek project located in Nevada. U.S. Gold Corp. was founded in 2014 and is based in Elko, Nevada.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $0M | $-13M | $-21M | $-10M | -177.4% | - | 198.1% |
| 2024 | $0M | $-7M | $-7M | $-7M | -39.5% | - | -9.4% |
| 2023 | $0M | $-9M | $-8M | $-9M | -40.4% | - | -45.3% |
| 2022 | $0M | $-15M | $-14M | $-13M | -60.0% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 0 | 0 | 0 | 0 |
| Operating Revenue | 0 | 0 | 0 | 0 |
| Operating Expense | 14.95 | 9.40 | 7.25 | 13.01 |
| Selling General And Administration | 7.72 | 7.60 | 5.79 | 10.59 |
| Total Expenses | 14.95 | 9.40 | 7.25 | 13.01 |
| Operating Income | -14.95 | -9.40 | -7.25 | -13.01 |
| Total Operating Income As Reported | -14.95 | -9.40 | -7.26 | -13.01 |
| EBITDA | -14.88 | -9.31 | -7.16 | -12.92 |
| Normalized EBITDA | -16.09 | -11.37 | -7.48 | -5.20 |
| EBIT | -14.95 | -9.40 | -7.25 | -13.01 |
| Interest Income | 0 | 0 | 0.04 | 0.16 |
| Net Interest Income | 0 | 0 | 0.04 | 0.16 |
| Other Non Operating Income Expenses | -0.19 | -0.28 | - | - |
| Other Income Expense | 1.02 | 1.78 | 0.31 | -7.71 |
| Interest Income Non Operating | 0 | 0 | 0.04 | 0.16 |
| Net Non Operating Interest Income Expense | 0 | 0 | 0.04 | 0.16 |
| Pretax Income | -13.93 | -7.61 | -6.90 | -20.56 |
| Tax Provision | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | -13.93 | -7.61 | -6.90 | -20.56 |
| Net Income From Continuing And Discontinued Operation | -13.93 | -7.61 | -6.90 | -20.56 |
| Net Income From Continuing Operation Net Minority Interest | -13.93 | -7.61 | -6.90 | -20.56 |
| Net Income | -13.93 | -7.61 | -6.90 | -20.56 |
| Net Income Common Stockholders | -13.93 | -7.61 | -6.90 | -20.56 |
| Net Income Including Noncontrolling Interests | -13.93 | -7.61 | -6.90 | -20.56 |
| Normalized Income | -15.14 | -9.68 | -7.21 | -12.84 |
| Diluted NI Availto Com Stockholders | -13.93 | -7.61 | -6.90 | -20.56 |
| Basic Average Shares | 7.25 | 8.41 | 9.36 | 11.43 |
| Diluted Average Shares | 7.25 | 8.41 | 9.36 | 11.43 |
| Reconciled Depreciation | 0.07 | 0.09 | 0.09 | 0.09 |
| Total Unusual Items | 1.21 | 2.06 | 0.31 | -7.71 |
| Total Unusual Items Excluding Goodwill | 1.21 | 2.06 | 0.31 | -7.71 |
| Special Income Charges | 0 | 0.76 | 0 | - |
| Gain On Sale Of Security | 1.21 | 1.30 | 0.31 | -7.71 |
| General And Administrative Expense | 7.72 | 7.60 | 5.79 | 10.59 |
| Other Gand A | 5.43 | 5.80 | 4.43 | 8.39 |
| Salaries And Wages | 2.29 | 1.79 | 1.36 | 2.20 |
| Gain On Sale Of Ppe | 0 | 0.76 | 0 | - |
| Other Operating Expenses | 7.23 | 1.80 | 1.46 | 2.42 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| U.S. Gold Corp.this co. | USAU | $259M | -12.58 | 22.32 | -177.4% | -19.39 |
| Clearwater Paper Corporation | CLW | $258M | -13.86 | 0.31 | -2.3% | 12.00 |
| Montauk Renewables, Inc. | MNTK | $242M | 138.43 | 0.92 | 0.7% | 11.03 |
| Hudson Technologies, Inc. | HDSN | $231M | 13.88 | 0.95 | 6.8% | 8.03 |
| Core Molding Technologies, Inc. | CMT | $203M |
| 18.11 |
| 1.28 |
| 7.1% |
| 7.27 |
| FutureFuel Corp. | FF | $192M | -3.88 | 1.24 | -31.9% | - |
| Friedman Industries, Incorporated | FRD | $173M | 28.48 | 1.31 | 4.6% | 15.79 |
| Smith-Midland Corporation | SMID | $164M | 13.08 | 3.01 | 23.0% | 7.76 |
| Ascent Industries Co. | ACNT | $123M | 141.88 | 1.41 | 1.0% | -28.63 |
| Peer Median | - | 15.99 | 1.26 | 2.8% | 8.03 | |