U.S. GoldMining Inc. (USGO) intrinsic value & 10-year financials

U.S. GoldMining Inc. (USGO) has no Graham intrinsic value right now because the formula needs positive earnings.

Graham intrinsic value
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Share price (Oct 17, 2026)
$5.54
Market cap
$70.5M
Revenue (FY2025)
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ROIC (10-yr avg)
-867.8%
Free cash flow (FY2025)
—

USGO 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 — -$7.0M -$0.55 — — -1517.1%
FY2024 — -$8.5M -$0.68 -$7.9M — -1127.1%
FY2023 — -$9.4M -$0.82 -$9.5M — -1051.9%
FY2022 — -$1.7M -$0.17 — — 224.7%
FY2021 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

U.S. GoldMining Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

U.S. GoldMining Inc. has historically struggled to out-earn its cost of capital, averaging just -8.7% ROIC.

U.S. GoldMining Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

U.S. GoldMining Inc. is evaluated under Benjamin Graham's defensive framework using SEC EDGAR fundamentals using an 8.5 + 2g earnings multiple and a 5.1% AAA bond-yield baseline.

USGO stock: frequently asked questions

What is the intrinsic value of U.S. GoldMining Inc. (USGO) stock?

Graham's formula only works with positive earnings. U.S. GoldMining Inc. reported diluted EPS of -$0.55 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

What is USGO's return on invested capital?

Average ROIC over the last 5 fiscal years was -867.8%, and average return on equity was -41.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this USGO data come from?

From U.S. GoldMining Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 13, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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