Augusta Gold (TSE:G) Sets New 12-Month High - Still a Buy?

Key Points

• Augusta Gold Corp. reached a new 52-week high of C$1.69, closing at C$1.68 with a trading volume of 3,595 shares.
• The company has a market cap of C$100.66 million and is primarily focused on the acquisition and exploration of gold properties, including its Bullfrog Project in Nevada.
• Augusta Gold's P/E ratio stands at -8.52, indicating a potential underperformance in earnings relative to its stock price.

Augusta Gold Corp. (TSE:G - Get Free Report) NYSE: GG's stock price hit a new 52-week high on Wednesday . The company traded as high as C$1.69 and last traded at C$1.68, with a volume of 3595 shares traded. The stock had previously closed at C$1.67.

Augusta Gold Trading Up 0.6%

The firm has a market cap of C$100.66 million, a PE ratio of -8.52, a P/E/G ratio of 0.66 and a beta of 0.92. The company has a quick ratio of 0.10, a current ratio of 0.01 and a debt-to-equity ratio of 114.16. The company's 50 day moving average price is C$1.33 and its two-hundred day moving average price is C$1.19.

Augusta Gold Company Profile

Augusta Gold Corp is an exploration stage company. The company is primarily engaged in the acquisition and exploration of gold properties. It operates Bullfrog Project, located in Beatty town of Las Vegas, Nevada.