Augusta Gold (TSE:G) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Augusta Gold Corp. (TSE:G) (NYSE:GG) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.87 and traded as high as C$0.91. Augusta Gold shares last traded at C$0.88, with a volume of 28,200 shares.

Augusta Gold Trading Down 7.4 %

The stock has a fifty day moving average of C$0.87 and a 200-day moving average of C$0.93. The company has a market cap of C$75.62 million, a PE ratio of -11.00, a PEG ratio of 0.66 and a beta of 0.92. The company has a debt-to-equity ratio of 104.49, a quick ratio of 0.10 and a current ratio of 0.02.

About Augusta Gold

Augusta Gold Corp. engages in the acquisition and exploration of mineral properties in the United States. The company primarily explores for gold, silver, and other metals. It holds interests in the Bullfrog gold project consists of 734 unpatented lode mining claims and mill site claims, and 87 patented mining claims located in the Bullfrog Hills of Nye County, Nevada; and the Reward Gold Project comprises 123 unpatented Bureau of Land Management (BLM) placer and lode mining claims, and six patented placer mining claims covering approximately 2,333 acres located in Nye County, Nevada.