Augusta Gold (TSE:G) Hits New 52-Week High - Should You Buy?

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.

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

Augusta Gold Price Performance

The firm has a market cap of C$144.36 million, a price-to-earnings ratio of -21.00, a P/E/G ratio of 0.66 and a beta of 1.63. The firm's 50 day moving average price is C$1.62 and its two-hundred day moving average price is C$1.28. The company has a debt-to-equity ratio of 114.16, a current ratio of 0.01 and a quick ratio of 0.10.

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.

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