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U.S. GoldMining Inc. USGO Prepaid Insurance

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$8.95M-11.5%
U.S. GoldMining Inc. logo
U.S. GoldMining Inc.USGO
$28.3K-9.0%
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BranchOut FoodBOF
$26.84K+9.4%

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+1.9%
Enterprise value$108.15M+0.6%

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 us-gaap:PrepaidInsurance.

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 prepaid insurance?
U.S. GoldMining Inc. (USGO) reported prepaid insurance of $28.3K in Q1 2026.
How has U.S. GoldMining Inc.'s prepaid insurance changed year-over-year?
U.S. GoldMining Inc.'s prepaid insurance decreased by 9.0% year-over-year, from $31.09K to $28.3K.
What is the long-term trend for U.S. GoldMining Inc.'s prepaid insurance?
Over 3 years (2022 to 2025), U.S. GoldMining Inc.'s prepaid insurance has grown at a 85.4% compound annual growth rate (CAGR), from $7K to $44.61K.
What does prepaid insurance mean?
Payments made in advance for insurance coverage that will benefit future periods. This asset represents the unexpired portion of insurance premiums, reflecting the company's commitment to risk management and operational continuity.