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

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

Austin Gold Stock Up 1.4%

The company has a market cap of $20.13 million, a price-to-earnings ratio of -4.74 and a beta of 0.87. The firm has a 50 day moving average price of $1.86 and a two-hundred day moving average price of $1.84.

About Austin Gold

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.