Augusta Gold Corp. (OTCMKTS:AUGG) Sees Large Drop in Short Interest

Augusta Gold Corp. (OTCMKTS:AUGG) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 20,800 shares, a decline of 27.0% from the August 31st total of 28,500 shares. Based on an average trading volume of 50,300 shares, the days-to-cover ratio is currently 0.4 days.

Augusta Gold Stock Performance

OTCMKTS AUGG remained flat at $0.67 on Friday. 78,363 shares of the company traded hands, compared to its average volume of 40,112. The stock has a market capitalization of $57.32 million, a P/E ratio of -33.35 and a beta of 0.92. The stock’s 50 day moving average is $0.58 and its two-hundred day moving average is $0.69. Augusta Gold has a fifty-two week low of $0.38 and a fifty-two week high of $0.93.

Augusta Gold (OTCMKTS:AUGG) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.01) earnings per share (EPS) for the quarter.

About Augusta Gold

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.