Augusta Gold (TSE:G) Shares Pass Above Fifty Day Moving Average - Here's What Happened

Key Points

• Augusta Gold Corp. shares passed above its 50-day moving average of C$1.20, reaching a high of C$1.67 before settling at C$1.66.
• The company's market capitalization stands at C$99.46 million, with a PE ratio of -8.42 indicating losses over the past year.
• Augusta Gold is focused on the acquisition and exploration of gold properties, notably the Bullfrog Project in Nevada.

Augusta Gold Corp. (TSE:G - Get Free Report) NYSE: GG's share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$1.20 and traded as high as C$1.67. Augusta Gold shares last traded at C$1.66, with a volume of 40,636 shares trading hands.

Augusta Gold Stock Performance

The company has a debt-to-equity ratio of 114.16, a current ratio of 0.01 and a quick ratio of 0.10. The company's fifty day simple moving average is C$1.23 and its two-hundred day simple moving average is C$1.17. The stock has a market cap of C$100.06 million, a price-to-earnings ratio of -8.47, a P/E/G ratio of 0.66 and a beta of 0.92.

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.