Austin Gold (NYSE:AUST) Trading Down 2.1% – Should You Sell?

Austin Gold Corp. (NYSE:AUST)’s stock price fell 2.1% on Thursday . The company traded as low as $1.38 and last traded at $1.40. 58,249 shares were traded during mid-day trading, a decline of 96% from the average session volume of 1,420,008 shares. The stock had previously closed at $1.43.

Austin Gold Stock Performance

The stock has a 50-day moving average of $1.68 and a two-hundred day moving average of $1.80. The company has a market cap of $19.17 million, a P/E ratio of -4.52 and a beta of 1.06.

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.