U.S. Gold Corp. (USAU) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-80.9%

$2.01

vs $10.51 price

Levered DCF

$2.04

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

60.95

Safe zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-14.28×	-6.09×	-5.65×	-4.51×	-3.51×	-4.18×	-2.25×	-2.68×
P/B	5.04×	10.82×	2.24×	1.81×	1.73×	1.7×	1.25×	3.02×
P/S	0×	0×	0×	0×	0×	0×	0×	10.69×
EV / EBITDA	-12.63×	-9.1×	-4.69×	-2.84×	-2.15×	-3.09×	-1.6×	-2.56×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	99.3%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-376.6%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-398.1%
Current ratio	51.97×	10.11×	14.41×	22.26×	8.71×	22.74×	20.16×	17.54×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-35.3%	-177.4%	-39.5%	-40.4%	-58.9%	-40.6%	-55.2%	-112.5%
Return on invested capital	-38.3%	-54.1%	-32.7%	-39.4%	-56.6%	-40.3%	-54.2%	-105.1%
Return on assets	-34.3%	-82.7%	-30.5%	-31.5%	-50.7%	-39.5%	-53.4%	-108.7%
Free cash flow yield	-8.2%	-7.9%	-18.1%	-26.0%	-31.1%	-16.7%	-32.9%	-26.2%
Earnings yield	-7.0%	-16.4%	-17.6%	-22.3%	-34.0%	-23.9%	-44.3%	-37.2%
Enterprise value	$215.4M	$117.2M	$33.6M	$26.4M	$31.9M	$38.2M	$9.1M	$19.4M
Net debt / EBITDA	1.79×	0.63×	0.77×	0.84×	0.61×	1.1×	0.49×	0.29×
Cash conversion cycle (days)	0	-1,926	-91	-70	0	-5,598	-2,657	-2,967