Stock fact sheet · data as of
U.S. Gold Corp. (USAU): fair value, margin of safety and Wheel Score
Ticker symbol USAU · Basic Materials · Gold · United States · Speculative
Is USAU undervalued?
USAU closed at 11.28 on 5 Nov 2026, more than 30% above the GLS average fair value of 2.01. Only 0 of the 1 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the "below fair value" Wheel Trade Filter keeps names like this under 70.
Only 1 of the nine models produced a value (DCF); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files USAU under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for USAU
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 2.01 | -82% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 1.86 | -84% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 26.75 | +137% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: USAU passes 2 of the nine Piotroski tests. Our scans drop the stock at the health filter; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 1.9 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC -35.2%, ROE -35.3%, ROA -34.3% - with debt at 0.00 times equity and negative free cash flow.
U.S. Gold Corp. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 5/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 2 / 9 | ROIC | -35.2% |
|---|---|---|---|
| GLS Moat | 1.9 / 10 | ROE | -35.3% |
| Debt / equity | 0.00 | ROA | -34.3% |
| Free-cash-flow yield | -10.9% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 19: Weak
USAU scores 19 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (977 open interest, 215 a day); and filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades 461% above our fair value; and filter 4, financially healthy - Piotroski 2/9 (under 6); and filter 6, no serious red flags - Red Flags score 55 (under 60); and filter 8, big enough - market cap $186M (under $1.0B), and the parts are thin too - value weak, premium good, moat weak, health weak, red flags weak, option trading weak, stability fair. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 73% on the near-the-money contracts 20-60 days out - above the 60% top of the sweet spot. It still passes the 25-80% filter, but the Wheel Score rewards it less because volatility this high usually comes with a reason. Chain open interest is thin - 977 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 274k shares a day on a market cap of $186M, with a beta of 1.10; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (977 open interest, 215 a day) |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades 461% above our fair value |
| 4 | Financially healthy | Fails | Piotroski 2/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Fails | Red Flags score 55 (under 60) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Fails | market cap $186M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 461% above fair value | |
| Premium | Good | implied volatility 73% | |
| Moat | Weak | moat 1.9/10 | |
| Health | Weak | Piotroski 2/9 | |
| Red Flags | Weak | Red Flags score 55/100 | |
| Option trading | Weak | 215 contracts a day, 977 open interest | |
| Stability | Fair | beta 1.10, $186M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 9 Dec 2026, 34 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Gold
The 12 companies below are the closest to U.S. Gold Corp. by market cap within the Gold industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| BSAI BluSky AI, Inc. | 8.00 | 5.39 | -48% | 8No options | $201M |
| MINE Mayfair Gold Corp. | 2.47 | 0.4705 | -425% | 10No options | $166M |
| GLDG GoldMining Inc. | 0.7469 | 0.0086 | -8626% | 9No options | $161M |
| FTCO Fortitude Gold Corporation | 4.50 | 1.48 | -204% | 15No options | $129M |
| IDR Idaho Strategic Resources, Inc. | 20.06 | 24.06 | +17% | 39Weak | $317M |
| TRX TRX Gold Corporation | 0.9745 | 0.6067 | -61% | 18Weak | $319M |
| AUXX Gold X2 Mining Inc. | 3.86 | - | - | 12No options | $391M |
| VGZ Vista Gold Corp. | 2.69 | 0.1060 | -2437% | 26Weak | $393M |
| CMCL Caledonia Mining Corporation Plc | 20.61 | 96.25 | +79% | 50Fair | $398M |
| PZG Paramount Gold Nevada Corp. | 0.9731 | - | - | 9No options | $84M |
| THM International Tower Hill Mines Ltd. | 1.74 | 0.0059 | -29427% | 9No options | $455M |
| CTGO Contango Silver & Gold Inc. | 15.22 | 16.12 | +6% | 27Weak | $509M |
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about USAU
Is USAU undervalued right now?
No: at 11.28 the stock trades 461% above the GLS average fair value of 2.01 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of USAU and what does it mean?
USAU scores 19 out of 100 (Weak) - it fails Wheel Trade Filters 1, 2, 3, 4, 6, 8. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for USAU?
2.01 per share as of 5 Nov 2026 - the simple average of the 1 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does U.S. Gold Corp. report earnings next?
The next earnings report is due on 9 Dec 2026, 34 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does USAU have listed options, and how liquid are they?
Yes. The nightly snapshot found 12 listed contracts with 977 open interest across all expiries and implied volatility of 73% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.