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U.S. GoldMining Inc. USGO Exploration And Evaluation Of Assets

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Other financials

Income statement

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Operating income-$2.0M-50.4%
Net income-$1.9M-49.4%
EPS (diluted)-$0.14-40.0%

Balance sheet

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Cash & equivalents$4.8M+56.0%
Total debt$79.8K-22.8%
Total equity$6.2M+87.7%
Total assets$7.1M+69.6%

Cash flow

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Operating cash flow-$2.5M-176%
CapEx$236.8K
Free cash flow-$2.8M

Valuation

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Market cap$112.82M+10.8%
Enterprise value$108.15M+9.7%

Returns & leverage

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Return on equity-159.5%+70.7pp
Debt / equity0.0×
Current ratio10.1×+4.7×

Where this comes from

Reported directly by U.S. GoldMining Inc. in its filing.

Tagged under the XBRL concept USGO:ExplorationAndEvaluationOfAssets.

The official record: U.S. GoldMining Inc.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is U.S. GoldMining Inc.'s exploration and evaluation of assets?
U.S. GoldMining Inc. (USGO) reported exploration and evaluation of assets of $31.39K in Q1 2026.
How has U.S. GoldMining Inc.'s exploration and evaluation of assets changed year-over-year?
U.S. GoldMining Inc.'s exploration and evaluation of assets decreased by 0.0% year-over-year, from $31.39K to $31.39K.
What is the long-term trend for U.S. GoldMining Inc.'s exploration and evaluation of assets?
Over 2 years (2023 to 2025), U.S. GoldMining Inc.'s exploration and evaluation of assets has grown at a 0.0% compound annual growth rate (CAGR), from $31.39K to $31.39K.
What does exploration and evaluation of assets mean?
Represents the capitalized costs associated with the search for mineral resources and the assessment of the technical feasibility and commercial viability of extracting those resources. This metric reflects the investment in property, plant, and equipment specifically tied to exploration projects before they reach the development or production stage.