Austin Gold (NYSE:AUST) Trading Down 6.5% – Time to Sell?

Austin Gold Corp. (NYSE:AUST) fell 6.5% on Tuesday . The company traded as low as $2.00 and last traded at $2.00. 205,976 shares traded hands during trading, a decline of 92% from the average session volume of 2,490,138 shares. The stock had previously closed at $2.14.

Austin Gold Trading Down 6.5%

The company has a market capitalization of $27.39 million, a price-to-earnings ratio of -6.45 and a beta of 0.86. The stock has a 50-day simple moving average of $1.86 and a 200-day simple moving average of $1.81.

Austin Gold Company Profile

Austin Gold Corp., a gold exploration company, focuses on the acquisition, exploration, and evaluation of mineral property interests in Nevada. The company holds interest in Kelly Creek Project located in the Kelly Creek Basin, in southeastern Humboldt County, Nevada; Fourmile Basin Project that comprises various unpatented lode mining claims covering approximately 6410 acres located in Nye County; the Lone Mountain Project consisting of various unpatented lode mining and patented mining claims located near Lone Mountain in Elko County.