Augusta Gold Corp. (OTCMKTS:AUGG) Sees Large Increase in Short Interest

Augusta Gold Corp. (OTCMKTS:AUGG) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 31,200 shares, a growth of 6.8% from the January 15th total of 29,200 shares. Based on an average daily volume of 81,400 shares, the days-to-cover ratio is currently 0.4 days.

Augusta Gold Price Performance

AUGG stock opened at $0.81 on Friday. Augusta Gold has a 12 month low of $0.38 and a 12 month high of $1.17. The firm’s 50-day moving average is $0.87 and its 200 day moving average is $0.73. The company has a market capitalization of $69.17 million, a PE ratio of -8.94 and a beta of 1.03.

Augusta Gold Company Profile

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.