Augusta Gold (TSE:G) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

Key Points

• Augusta Gold Corp. shares have crossed above the 50-day moving average of C$1.68, reaching a high of C$1.69 during trading.
• The company's market capitalization is approximately C$144.36 million, with significant ratios indicating a challenging financial position, including a PE ratio of -21.00.
• Augusta Gold is primarily focused on exploration of gold properties, operating the Bullfrog Project located in Nevada.

Shares of Augusta Gold Corp. (TSE:G - NYSE: GG crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.68 and traded as high as C$1.69. Augusta Gold shares last traded at C$1.68, with a volume of 20,200 shares.

Augusta Gold Stock Performance

The firm has a fifty day simple moving average of C$1.68 and a 200-day simple moving average of C$1.33. The company has a market cap of C$144.36 million, a PE ratio of -21.00, a price-to-earnings-growth ratio of 0.66 and a beta of 1.63. The company has a quick ratio of 0.10, a current ratio of 0.01 and a debt-to-equity ratio of 114.16.

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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