Augusta Gold (TSE:G) Sets New 12-Month High - Here's Why

Key Points

• Augusta Gold Corp. shares recently hit a new 52-week high, trading at C$1.69, indicating positive momentum in the stock's performance.
• The company has a market capitalization of C$144.36 million and a notably high debt-to-equity ratio of 114.16, suggesting potential liquidity concerns.
• Augusta Gold focuses on the acquisition and exploration of gold properties, with its primary asset being the Bullfrog Project in Nevada.

Shares of Augusta Gold Corp. (TSE:G - Get Free Report) NYSE: GG reached a new 52-week high during trading on Friday . The stock traded as high as C$1.69 and last traded at C$1.68, with a volume of 165775 shares traded. The stock had previously closed at C$1.68.

Augusta Gold Price Performance

The firm's fifty day moving average price is C$1.65 and its 200 day moving average price is C$1.29. 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 stock has a market cap of C$145.22 million, a PE ratio of -21.13, a P/E/G ratio of 0.66 and a beta of 1.63.

About Augusta Gold

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.