Augusta Gold (TSE:G) Shares Down 9.9%

Augusta Gold Corp. (TSE:GGet Free Report) (NYSE:GG)’s share price dropped 9.9% during mid-day trading on Friday . The stock traded as low as C$0.71 and last traded at C$0.73. Approximately 148,372 shares were traded during mid-day trading, an increase of 32% from the average daily volume of 112,548 shares. The stock had previously closed at C$0.81.

Analyst Upgrades and Downgrades

Separately, TD Securities lowered their price objective on shares of Augusta Gold from C$2.75 to C$2.25 and set a “speculative buy” rating on the stock in a research report on Friday, August 18th.

View Our Latest Stock Report on G

Augusta Gold Price Performance

The company has a debt-to-equity ratio of 75.96, a quick ratio of 0.10 and a current ratio of 0.09. The company has a market capitalization of C$60.17 million, a PE ratio of -17.50, a price-to-earnings-growth ratio of 0.66 and a beta of 1.09. The firm’s 50-day simple moving average is C$0.90 and its 200 day simple moving average is C$1.14.

About Augusta Gold

(Get Free Report)

Augusta Gold Corp., a junior exploration company, engages in the acquisition and exploration of mineral properties in the United States. It primarily explores for gold, silver, and other metals. The company holds interests in the Bullfrog gold project located in the Bullfrog Hills of Nye County, Nevada; and the Reward Gold Project located in Nye County, Nevada.

Further Reading

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