Could Austin Gold Corp (AUST)’s Current Volatility Hinder Its Future Potential?

Austin Gold Corp (AMEX:AUST) has a beta value of 0.88 and has seen 0.17 million shares traded in the last trading session. The company, currently valued at $20.17M, closed the last trade at $1.52 per share which meant it lost -$0.1 on the day or -6.17% during that session. The AUST stock price is -109.87% off its 52-week high price of $3.19 and 48.03% above the 52-week low of $0.79. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.17 million shares traded. The 3-month trading volume is 139.98K shares.

Austin Gold Corp (AMEX:AUST) trade information

Sporting -6.17% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AUST stock price touched $1.52 or saw a rise of 15.56%. Year-to-date, Austin Gold Corp shares have moved 21.12%, while the 5-day performance has seen it change 6.29%. Over the past 30 days, the shares of Austin Gold Corp (AMEX:AUST) have changed 40.74%. Short interest in the company has seen 27996.0 shares shorted with days to cover at 0.22.

Austin Gold Corp (AUST) estimates and forecasts

The company’s shares have gained 79.52% over the past 6 months.

AUST Dividends

Austin Gold Corp is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Austin Gold Corp (AMEX:AUST)’s Major holders

Insiders own 50.11% of the company shares, while shares held by institutions stand at 1.64% with a share float percentage of 3.28%. Investors are also buoyed by the number of investors in a company, with Austin Gold Corp having a total of 10.0 institutions that hold shares in the company. The top two institutional holders are MORGAN STANLEY with over 76800.0 shares worth more than $92160.0. As of 2024-06-30, MORGAN STANLEY held 0.5787% of shares outstanding.

The other major institutional holder is CITADEL ADVISORS LLC, with the holding of over 76330.0 shares as of 2024-06-30. The firm’s total holdings are worth over $91596.0 and represent 0.5751% of shares outstanding.