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Augusta Gold (TSE:G) Shares Cross Above 50-Day Moving Average - Should You Sell?

Augusta Gold logo with Basic Materials background

Key Points

  • Augusta Gold Corp.'s stock price has crossed above its 50-day moving average for the first time, reaching C$1.69, while currently trading at C$1.68.
  • The company has a high debt-to-equity ratio of 114.16, with other financial metrics indicating potential risk for investors, such as a P/E ratio of -21.00.
  • Augusta Gold is primarily engaged in the acquisition and exploration of gold properties, notably operating the Bullfrog Project in Beatty, Nevada.
  • Five stocks we like better than Augusta Gold.

Augusta Gold Corp. (TSE:G - Get Free Report) NYSE: GG crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$1.66 and traded as high as C$1.69. Augusta Gold shares last traded at C$1.68, with a volume of 1,778 shares traded.

Augusta Gold Price Performance

The stock has a market capitalization 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. 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 has a 50-day moving average of C$1.66 and a two-hundred day moving average of C$1.30.

About Augusta Gold

(Get Free Report)

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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