Austin Gold (NYSE:AUST) Trading Up 1.4% – Here’s Why

Austin Gold Corp. (NYSE:AUST) shares were up 1.4% on Wednesday . The company traded as high as $1.4750 and last traded at $1.47. Approximately 165,829 shares traded hands during trading, a decline of 91% from the average daily volume of 1,800,115 shares. The stock had previously closed at $1.45.

Austin Gold Trading Up 1.4%

The company’s 50-day simple moving average is $1.86 and its 200-day simple moving average is $1.84. The stock has a market capitalization of $20.13 million, a price-to-earnings ratio of -4.74 and a beta of 0.87.

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.