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

Augusta Gold Corp. (OTCMKTS:AUGG) was the target of 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 daily volume of 77,100 shares, the short-interest ratio is currently 0.4 days.

Augusta Gold Stock Performance

Shares of AUGG traded down $0.03 during midday trading on Thursday, hitting $0.79. 53,020 shares of the company traded hands, compared to its average volume of 38,028. The firm has a 50 day moving average of $0.89 and a 200-day moving average of $0.71. Augusta Gold has a 52 week low of $0.38 and a 52 week high of $1.17. The stock has a market cap of $67.94 million, a price-to-earnings ratio of -8.78 and a beta of 1.02.

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

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.