U.S. Gold Stock Gains as Gold Price Drops
U.S. Gold Corp. shares traded higher Tuesday, gaining ground on gold as some investors checked back in after the holiday and looked again at the company’s CK Gold project in Wyoming. The stock, listed on the Nasdaq, was last quoted at $15.82, up 34 cents or 2.2%. About 65,714 shares changed hands, with the day’s range between $15.62 and $16.00. Timing is in focus. U.S. markets started trading again after closing for Memorial Day on Monday, with the Nasdaq running its usual cash trading session from 9:30 a.m. to 4 p.m. Eastern.