U.S. GoldMining (USGO)

Company Profile

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. U.S. GoldMining Inc. operates as a subsidiary of GoldMining Inc.

Company profile

Ticker

USGO, USGOW

Exchange

NASDAQ

Website

www.us.goldmining.com

CEO

Mr. Timothy Smith B.Sc., M.Sc., P.Geo

Incorporated

Delaware

Location

Missouri

Fiscal year end

Apr 30

Industry (SIC)

Sporting & Athletic Goods, NEC

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Former names

American Outdoor Brands Spin Co.

SEC CIK

0001947244

Corporate docs

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

US GoldMining Canada Inc ...

IRS number

371792147

USGO stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

S-8

Registration of securities for employees

4 Nov 24

8-K

Condensed Consolidated Interim Financial Statements

Regulation FD Disclosure

30 Sep 24

8-K

U.S. GoldMining UPDATE on EXPLORATION AND SUSTAINABILITY ACTIVITIES AT the Whistler Gold-Copper Project, alaska

13 Aug 24

Condensed Consolidated Interim Financial Statements

12 Jul 24

8-K

Regulation FD Disclosure

27 Jun 24

8-K

Regulation FD Disclosure

30 May 24

EFFECT

Notice of effectiveness

29 May 24

Latest ownership filings

View all

Change in insider ownership (amended)

20 Feb 24

4/A

Change in insider ownership (amended)

20 Feb 24

4/A

Change in insider ownership (amended)

20 Feb 24

4/A

Change in insider ownership (amended)

20 Feb 24

4/A

Change in insider ownership (amended)

Change in insider ownership

23 May 23

Financial summary

Financial statements Chart USGO financial data

Quarter (USD)	Jun 24	Mar 24	Nov 23	Aug 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Nov 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	8.31 mm	8.31 mm	8.31 mm	8.31 mm	8.31 mm	8.31 mm
Cash burn (monthly)	839.74 k	813.26 k	536.92 k	769.62 k	(no burn)	18.18 k
Cash used (since last report)	3.73 mm	3.62 mm	2.39 mm	3.42 mm	n/a	80.83 k
Cash remaining	4.57 mm	4.69 mm	5.92 mm	4.89 mm	n/a	8.23 mm
Runway (months of cash)	5.4	5.8	11.0	6.3	n/a	452.4

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

USGO institutional ownership history Ownership history

79.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3	14	-78.6%
Opened positions	0	13	EXIT
Closed positions	11	0	NEW
Increased positions	1	0	NEW
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	220.54 mm	507.29 mm	-56.5%
Total shares	9.91 mm	10.02 mm	-1.1%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
GLDG GoldMining	9.89 mm	$90.51 mm	0.0%
Geode Capital Management	20.40 k	$129.40 mm	+4.4%
VitalStone Financial	100.00	$634.00 k	0.0%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Fund Management B.V. Privium	0.00	-39.69 k	EXIT
Citadel Advisors	0.00	-20.47 k	EXIT
Vanguard	0.00	-18.14 k	EXIT
NTRS Northern Trust	0.00	-13.16 k	EXIT
Susquehanna International	0.00	-11.94 k	EXIT
BLK BlackRock	0.00	-4.37 k	EXIT
Tower Research Capital	0.00	-2.36 k	EXIT
UBS UBS	0.00	-1.15 k	EXIT
Parkside Financial Bank & Trust	0.00	-1.00 k	EXIT
Geode Capital Management	20.40 k	+861.00	+4.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

USGO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Aug 24	Laura Schmidt	Common Stock	Buy	Acquire P	No	No	5.2261	191	998.19	383
15 Aug 24	Laura Schmidt	Common Stock	Buy	Acquire P	No	No	5.1939	192	997.23	192
27 Feb 24	Tyler Michael Wong	Stock Options Common Stock	Grant	Acquire A	No	No	10	17,000	170.00 k	25,000
27 Feb 24	Timothy Robert Smith	Stock Options Common Stock	Grant	Acquire A	No	No	10	36,000	360.00 k	36,000
19 May 23	GoldMining	Common Stock	Buy	Acquire P	No	No	15.9692	18,000	287.45 k	9,848,552
19 May 23	GoldMining	Common Stock	Buy	Acquire P	No	No	15.9692	18,000	287.45 k	9,878,261