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

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

Austin Gold Trading Down 1.4 %

Shares of Austin Gold stock opened at $0.91 on Friday. The firm has a market capitalization of $8.64 million and a PE ratio of -12.96. Austin Gold has a 12 month low of $0.70 and a 12 month high of $29.00. The business’s 50-day moving average price is $1.00 and its 200-day moving average price is $1.04.

Institutional Trading of Austin Gold

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

Austin Gold Company Profile

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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.