Short Interest in Augusta Gold Corp. (OTCMKTS:AUGG) Expands By 23.8%

Augusta Gold Corp. (OTCMKTS:AUGGGet Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 15,600 shares, a growth of 23.8% from the May 15th total of 12,600 shares. Based on an average trading volume of 68,700 shares, the days-to-cover ratio is currently 0.2 days.

Augusta Gold Stock Performance

OTCMKTS AUGG remained flat at $0.66 during midday trading on Friday. The company’s stock had a trading volume of 10,689 shares, compared to its average volume of 23,828. The stock has a market capitalization of $56.71 million, a P/E ratio of -33.00 and a beta of 0.84. The firm has a 50 day simple moving average of $0.77 and a 200-day simple moving average of $0.66. Augusta Gold has a 1-year low of $0.38 and a 1-year high of $0.93.

Augusta Gold (OTCMKTS:AUGGGet Free Report) last posted its quarterly earnings data on Friday, May 10th. The company reported ($0.03) earnings per share for the quarter.

About Augusta Gold

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Augusta Gold Corp. engages in the acquisition and exploration of mineral properties in the United States. The company primarily explores for gold, silver, and other metals. It holds interests in the Bullfrog gold project consists of 734 unpatented lode mining claims and mill site claims, and 87 patented mining claims located in the Bullfrog Hills of Nye County, Nevada; and the Reward Gold Project comprises 123 unpatented Bureau of Land Management (BLM) placer and lode mining claims, and six patented placer mining claims covering approximately 2,333 acres located in Nye County, Nevada.

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