Augusta Gold (TSE:G) Shares Cross Above 50 Day Moving Average – Should You Sell?

Augusta Gold Corp. (TSE:G) (NYSE:GG)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$1.17 and traded as high as C$1.21. Augusta Gold shares last traded at C$1.17, with a volume of 37,400 shares changing hands.

Augusta Gold Price Performance

The company’s 50 day simple moving average is C$1.17 and its 200 day simple moving average is C$0.97. The company has a current ratio of 0.02, a quick ratio of 0.10 and a debt-to-equity ratio of 104.49. The stock has a market capitalization of C$106.55 million, a PE ratio of -15.50, a PEG ratio of 0.66 and a beta of 0.92.

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.