Short Interest in Augusta Gold Corp. (OTCMKTS:AUGG) Decreases By 50.3%

Augusta Gold Corp. (OTCMKTS:AUGG - Get Free Report) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 15,500 shares, a decrease of 50.3% from the January 31st total of 31,200 shares. Based on an average daily trading volume, of 89,800 shares, the days-to-cover ratio is presently 0.2 days.

Augusta Gold Price Performance

Shares of AUGG stock traded up $0.02 on Wednesday, hitting $0.82. The stock had a trading volume of 33,258 shares, compared to its average volume of 41,123. The business has a 50 day moving average of $0.84 and a 200 day moving average of $0.76. Augusta Gold has a 12-month low of $0.46 and a 12-month high of $1.17. The stock has a market cap of $70.63 million, a price-to-earnings ratio of -9.13 and a beta of 1.03.

Augusta Gold Company Profile

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.