U.S. GoldMining Inc. (NASDAQ:USGO)
Insiders here have filed 7 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
No revenue reported, so there is no margin to score.
- Revenue
- $0
- Net income
- -$22.2M
- Net margin
- —
Little or no net debt.
- Total debt
- $225K
- Cash
- $16.7M
- Debt / equity
- 0.00
Comfortably covers what is due within a year.
- Current assets
- $46.9M
- Current liabilities
- $225K
- Current ratio
- 208.58
Consumes cash and must keep raising it.
- Operating cash flow
- -$1.1M
- Free cash flow
- -$1.1M
Heavy dilution — shareholders are paying for the business.
- Shares outstanding
- 214.9M
- Share growth (1y)
- 1592.6%
- Cash runway
- 175 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
USGO Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 |
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue Growth (YoY) | — | — | — | — | — | — |
| Cost of Revenue | 0.00 | 52.48 K | 41.71 K | 38.82 K | 35.44 K | 35.44 K |
| Gross Profit | 0.00 | -52.48 K | -41.71 K | -38.82 K | -35.44 K | -35.44 K |
| SG&A Expense | 1.47 M | 2.48 M | 2.75 M | 1.48 M | 699.86 K | 666.37 K |
| R&D Expense | 0.00 | 1.16 M | 1.16 M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 1.47 M | 4.18 M | 1.95 M | 2.00 M | 2.80 M | 891.45 K |
| Operating Income | 0.00 | -4.23 M | -5.34 M | -2.04 M | -2.84 M | -926.88 K |
| Pretax Income | -14.17 M | -4.21 M | -1.93 M | -1.98 M | -2.81 M | -904.96 K |
| Tax Provision | -35.00 K | 0.00 | 0.00 | 714.00 | 0.00 | 61.00 |
| Net Income | -14.13 M | -4.21 M | -1.93 M | -1.98 M | -2.81 M | -905.02 K |
| EPS (Basic) | -0.05 | -0.36 | -0.14 | -0.15 | -0.22 | -0.07 |
| EPS (Diluted) | -0.05 | -0.36 | -0.14 | -0.15 | -0.22 | -0.07 |
| Shares Outstanding | 214.90 M | 13.41 M | 13.31 M | 13.16 M | 12.70 M | 12.51 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.