Austin Gold (NYSE:AUST) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Austin Gold (NYSE:AUST – Get Rating) posted its quarterly earnings data on Wednesday. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.01), Yahoo Finance reports.

Austin Gold Stock Down 1.4 %

AUST stock opened at $0.91 on Friday. The company has a 50-day simple moving average of $1.00 and a 200 day simple moving average of $1.04. Austin Gold has a fifty-two week low of $0.70 and a fifty-two week high of $29.00.

Institutional Investors Weigh In On Austin Gold

A hedge fund recently bought a new stake in Austin Gold stock. Citadel Advisors LLC acquired a new position in Austin Gold Corp. (NYSE:AUST – Get Rating) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 86,696 shares of the company’s stock, valued at approximately $157,000. Citadel Advisors LLC owned 0.91% of Austin Gold as of its most recent SEC filing. Institutional investors and hedge funds own 1.26% of the company’s stock.

About Austin Gold

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Austin Gold Corp., a gold exploration company, focuses on the exploration and evaluation of mineral property interests in Nevada. The company's principal property the Kelly Creek Project with a mix of 6 patented mining claims and 1,600 unpatented mining claims covering an area of 136.8 square kilometers located in the Kelly Creek Basin, in southeastern Humboldt County, Nevada.