Austin Gold (NYSE:AUST) Shares Down 6.5% – What’s Next?

Austin Gold Corp. (NYSE:AUST)’s share price traded down 6.5% during mid-day trading on Tuesday . The company traded as low as $2.00 and last traded at $2.00. 205,976 shares traded hands during mid-day 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 business’s 50-day moving average is $1.86 and its two-hundred day moving average is $1.81. The firm has a market cap of $27.39 million, a P/E ratio of -6.45 and a beta of 0.86.

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.