Augusta Gold (TSE:G) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Shares of Augusta Gold Corp. (TSE:G) (NYSE:GG) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.80 and traded as high as C$0.91. Augusta Gold shares last traded at C$0.90, with a volume of 87,279 shares.

Augusta Gold Stock Performance

The company has a market capitalization of C$76.48 million, a P/E ratio of -11.13, a price-to-earnings-growth ratio of 0.66 and a beta of 0.92. The business has a fifty day moving average price of C$0.81 and a 200 day moving average price of C$0.91. The company has a quick ratio of 0.10, a current ratio of 0.02 and a debt-to-equity ratio of 104.49.

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.