Short Interest in Augusta Gold Corp. (OTCMKTS:AUGG) Declines By 93.3%

Key Points

• Augusta Gold Corp. experienced a significant decrease in short interest, down 93.3% in July, with only 1,300 shares sold short as of July 31st.
• The company’s stock price remained stable at $1.21, with a market capitalization of $104.10 million.
• Augusta Gold reported an earnings loss of ($0.02) EPS for its last quarterly results published on May 12th.

Augusta Gold Corp. (OTCMKTS:AUGG - Get Free Report) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,300 shares, adropof93.3% from the July 15th total of 19,500 shares. Currently,0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,664,600 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 1,664,600 shares, the short-interest ratio is currently 0.0 days. Currently,0.0% of the shares of the company are short sold.

Augusta Gold Stock Performance

OTCMKTS:AUGG remained flat at $1.21 on Tuesday. The company's stock had a trading volume of 12,762 shares, compared to its average volume of 113,911. Augusta Gold has a fifty-two week low of $0.4899 and a fifty-two week high of $1.23. The business has a 50-day moving average price of $1.05 and a 200-day moving average price of $0.88.

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.