Short Interest in Augusta Gold Corp. (OTCMKTS:AUGG) Increases By 3,144.4%

Augusta Gold Corp. (OTCMKTS:AUGG) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 29,200 shares, a growth of 3,144.4% from the December 31st total of 900 shares. Based on an average trading volume of 77,100 shares, the short-interest ratio is currently 0.4 days.

Augusta Gold Stock Performance

OTCMKTS AUGG traded up $0.02 during trading hours on Friday, hitting $0.83. 15,816 shares of the company’s stock were exchanged, compared to its average volume of 34,683. The business’s 50 day moving average is $0.89 and its 200-day moving average is $0.72. Augusta Gold has a 12-month low of $0.38 and a 12-month high of $1.17. The firm has a market capitalization of $71.73 million, a P/E ratio of -9.28 and a beta of 1.02.

Augusta Gold (OTCMKTS:AUGG) last announced its quarterly earnings data on Friday, November 8th. The company reported ($0.02) earnings per share for the quarter.

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.