Augusta Gold Corp. (OTCMKTS:AUGG) Sees Significant Increase in Short Interest

Augusta Gold Corp. (OTCMKTS:AUGG) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 29,200 shares, an increase of 3,144.4% from the December 31st total of 900 shares. Based on an average daily volume of 77,100 shares, the short-interest ratio is presently 0.4 days.

Augusta Gold Stock Up 3.0 %

AUGG stock traded up $0.02 during trading on Friday, hitting $0.81. 93,100 shares of the company’s stock traded hands, compared to its average volume of 34,683. The stock has a fifty day moving average price of $0.89 and a two-hundred day moving average price of $0.71. Augusta Gold has a 52 week low of $0.38 and a 52 week high of $1.17. The stock has a market capitalization of $69.95 million, a price-to-earnings ratio of -9.04 and a beta of 1.02.

Augusta Gold (OTCMKTS:AUGG) last announced its earnings results on Friday, November 8th. The company reported ($0.02) earnings per share 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.