Augusta Gold (TSE:G) Stock Passes Below 200-Day Moving Average – Here’s Why

Augusta Gold Corp. (TSE:GGet Free Report) (NYSE:GG) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.90 and traded as low as C$0.80. Augusta Gold shares last traded at C$0.81, with a volume of 7,700 shares.

Augusta Gold Stock Performance

The firm has a market capitalization of C$69.60 million, a P/E ratio of -10.13, a price-to-earnings-growth ratio of 0.66 and a beta of 0.92. The company’s 50 day moving average is C$0.79 and its 200-day moving average is C$0.90. The company has a quick ratio of 0.10, a current ratio of 0.02 and a debt-to-equity ratio of 104.49.

About Augusta Gold

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Augusta Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Augusta Gold and related companies with MarketBeat.com's FREE daily email newsletter.