Augusta Gold (TSE:G) Stock Passes Below 200-Day Moving Average of $1.12

Augusta Gold Corp. (TSE:G) (NYSE:GG) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.12 and traded as low as C$0.71. Augusta Gold shares last traded at C$0.74, with a volume of 26,543 shares.

Wall Street Analysts Forecast Growth

Separately, TD Securities lowered their target price 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.

Augusta Gold Stock Up 7.2 %

The firm has a market cap of C$63.61 million, a price-to-earnings ratio of -18.50, a P/E/G ratio of 0.66 and a beta of 1.09. The company has a current ratio of 0.09, a quick ratio of 0.10 and a debt-to-equity ratio of 75.96. The firm has a 50 day moving average price of C$0.87 and a 200-day moving average price of C$1.12.

About Augusta Gold

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.