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

Augusta Gold logo with Basic Materials background

Augusta Gold Corp. (OTCMKTS:AUGG - Get Free Report) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 6,600 shares, an increase of 94.1% from the May 15th total of 3,400 shares. Based on an average daily volume of 82,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Augusta Gold Trading Up 0.5%

AUGG traded up $0.00 during trading on Friday, hitting $0.72. 17,641 shares of the company traded hands, compared to its average volume of 46,034. The company has a market cap of $62.17 million, a PE ratio of -8.04 and a beta of 0.41. The stock's 50-day simple moving average is $0.76 and its two-hundred day simple moving average is $0.82. Augusta Gold has a 1 year low of $0.46 and a 1 year high of $1.17.

Augusta Gold (OTCMKTS:AUGG - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported ($0.02) earnings per share for the quarter.

Augusta Gold Company Profile

(Get Free Report)

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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