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

Key Points

• Augusta Gold Corp.'s stock price has surpassed its fifty-day moving average, currently trading at C$1.67, up from a moving average of C$1.47.
• The company has a market capitalization of C$100.06 million and a debt-to-equity ratio of 114.16, indicating high levels of debt relative to equity.
• Augusta Gold is primarily engaged in the exploration of gold properties through its Bullfrog Project in Beatty, Nevada.

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$1.47 and traded as high as C$1.68. Augusta Gold shares last traded at C$1.67, with a volume of 10,631 shares trading hands.

Augusta Gold Price Performance

The stock has a 50 day simple moving average of C$1.53 and a two-hundred day simple moving average of C$1.24. The firm has a market cap of C$100.66 million, a PE ratio of -8.52, a price-to-earnings-growth ratio of 0.66 and a beta of 0.92. The company has a debt-to-equity ratio of 114.16, a quick ratio of 0.10 and a current ratio of 0.01.

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.