Augusta Gold Corp. (OTCMKTS:AUGG) Sees Significant Decline in Short Interest

Augusta Gold Corp. (OTCMKTS:AUGG) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 15,500 shares, a drop of 50.3% from the January 31st total of 31,200 shares. Based on an average trading volume of 89,800 shares, the days-to-cover ratio is currently 0.2 days.

Augusta Gold Stock Performance

Shares of OTCMKTS:AUGG traded down $0.00 on Friday, hitting $0.81. The stock had a trading volume of 2,355 shares, compared to its average volume of 39,327. The company has a market capitalization of $69.53 million, a price-to-earnings ratio of -8.99 and a beta of 1.03. The firm’s 50 day moving average price is $0.84 and its 200-day moving average price is $0.75. Augusta Gold has a twelve month low of $0.46 and a twelve month high of $1.17.

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.