Short Interest in Augusta Gold Corp. (OTCMKTS:AUGG) Drops By 10.1%

Augusta Gold Corp. (OTCMKTS:AUGG) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 32,200 shares, a drop of 10.1% from the November 30th total of 35,800 shares. Based on an average daily volume of 125,300 shares, the days-to-cover ratio is presently 0.3 days.

Augusta Gold Stock Down 4.1 %

Shares of OTCMKTS AUGG opened at $0.84 on Tuesday. The firm’s 50-day moving average price is $0.83 and its 200-day moving average price is $0.69. Augusta Gold has a 52-week low of $0.38 and a 52-week high of $1.17. The company has a market cap of $72.49 million, a PE ratio of -9.37 and a beta of 0.98.

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.