? Hot Stock of the Day ?

US GoldMining, Inc (NASDAQ: USGO)

US GoldMining, Inc (Nasdaq: USGO), is a newly-minted exploration and mine development company focused on unlocking the substantial value of the Whistler gold-copper project, located in Alaska.

USGO just completed an IPO in April 2023, listing on Nasdaq and has raised $20 Million for exploration and mining studies of the Whistler project. All told, we’re looking at a very cut-and-dry situation:

• They’re sitting on as much as 9.4 MILLION ounces of gold equivalent in ONE deposit.

• The price of gold has done nothing but go up lately, currently pressing $2000. Projections are for it to surge to $2,200 or more, with some analysts suggesting a rise to even $17,000 per ounce by 2032.

• Their CEO, Tim Smith, is a renowned industry veteran with a history of selling gold deposits at prices much higher than average… potentially as much as $1.2 billion in this case if he matches his previous record.

And right now, the price of USGO is sitting at just $12, with some analysts expecting $20 in the coming months.

Many people remember seeing the stock jump over 70% after the recent IPO. Right now, it is sitting at a critical technical level.

Do your due diligence, and make sure you keep an eye on USGO today.

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