Short Interest in Augusta Gold Corp. (OTCMKTS:AUGG) Drops By 97.2%

Augusta Gold Corp. (OTCMKTS:AUGG) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 900 shares, a decline of 97.2% from the December 31st total of 32,200 shares. Based on an average daily volume of 77,000 shares, the short-interest ratio is currently 0.0 days.

Augusta Gold Stock Performance

Shares of AUGG stock opened at $0.82 on Wednesday. The stock has a market capitalization of $70.46 million, a price-to-earnings ratio of -9.11 and a beta of 1.02. Augusta Gold has a one year low of $0.38 and a one year high of $1.17. The company’s 50-day simple moving average is $0.89 and its 200-day simple moving average is $0.71.

Augusta Gold (OTCMKTS:AUGG) last released its earnings results on Friday, November 8th. The company reported ($0.02) EPS 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.