Austin Gold (NYSE:AUST) Trading 11.7% Higher

Shares of Austin Gold Corp. (NYSE:AUST) traded up 11.7% during trading on Tuesday . The company traded as high as $1.24 and last traded at $1.24. 203,640 shares traded hands during trading, an increase of 132% from the average session volume of 87,962 shares. The stock had previously closed at $1.11.

Austin Gold Stock Up 11.7 %

The company has a market cap of $16.45 million, a PE ratio of -4.13 and a beta of 1.29. The firm’s fifty day simple moving average is $1.10 and its 200-day simple moving average is $0.85.

Austin Gold (NYSE:AUST) last announced its quarterly earnings results on Friday, March 1st. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.08).

Institutional Trading of Austin Gold

An institutional investor recently bought a new position in Austin Gold stock. Citadel Advisors LLC purchased a new position in shares of Austin Gold Corp. (NYSE:AUST) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 86,696 shares of the company’s stock, valued at approximately $157,000. Citadel Advisors LLC owned about 0.91% of Austin Gold as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 62.08% of the company’s stock.

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.