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Benzinga
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U.S. Gold Is Fortified By Assets, $7.3 Million Boost, And Soaring Gold: Analyst

1. H.C. Wainwright analyst reaffirms Buy rating for U.S. Gold Corp. (USAU). 2. Upcoming Feasibility Study expected to enhance CK Gold Project's valuation. 3. Recent gold price surge may boost asset valuations, currently at $3,325 per ounce. 4. U.S. Gold to be included in Russell 3000 and 2000 on June 30, 2025. 5. Recent cash boost from warrants supports USAU's operational needs.

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FAQ

Why Bullish?

The Buy rating and price forecast of $15 for USAU suggests confidence in growth. Past examples, such as significant rallies following positive feasibility studies, support this outlook.

How important is it?

The article highlights key developments that may influence investor sentiment. The DCF valuation aligns with broader industry trends, particularly in the context of rising gold prices.

Why Long Term?

The inclusion in major indices by June 2025 suggests sustained interest and volume growth. Historical performance indicates that index inclusions typically lead to long-term price appreciation.

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