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

Augusta Gold Corp. (OTCMKTS:AUGG - Get Free Report) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 3,400 shares, a drop of 81.1% from the April 30th total of 18,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 81,900 shares, the short-interest ratio is currently 0.0 days.

Augusta Gold Price Performance

OTCMKTS AUGG traded up $0.01 during trading hours on Friday, reaching $0.70. 27,607 shares of the stock traded hands, compared to its average volume of 45,695. The stock has a 50 day simple moving average of $0.77 and a two-hundred day simple moving average of $0.82. Augusta Gold has a 1 year low of $0.46 and a 1 year high of $1.17. The company has a market cap of $60.15 million, a price-to-earnings ratio of -7.78 and a beta of 0.55.

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

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.