Augusta Gold AUGG stock price is up 61% in the last 5 days & volume is up 725%, but is it over for this breakout stock?
There is an old adage, “two heads are better than one”, so let’s collaborate on AUGG and compare notes.
In this in depth report, I look at 5 KPIs: Technical Analysis, Volume, News Cycle, Fundamentals & awareness campaigns. I believe the stock market is not gambling, it is also not fool proof, but I have developed a dependable system. I have found some critical components to success for AUGG, tell me what you think.
Before we get started, I like being methodical and easy to understand so I have developed a ranking system for my stocks. I call it, Alexander Goldman’s “HOT Stock Ranking!”
The official heat level for AUGG is, a 🔥🔥🔥 3 out of 4
Before I get ahead of myself and just jump right into this exciting breakout stock, I wanted to introduce myself.
Hello 🙋♂️ My name is Alexander Goldman. I have been trading small cap stocks, breakout stocks and trending stocks for 20 years now. I’m accredited for establishing the coveted HOT Stock Reporting system for breakout stocks.
To find out more about my story, CLICK HERE
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Augusta Gold Company Information
Company Name: Augusta Gold Inc.
Ticker: AUGG
Exchange: OTC
Augusta Gold Company Summary:
Augusta Gold Corp. is an exploration stage company, which engages in the acquisition and exploration of mineral properties. It holds interest in Bullfrog Gold project. The company was founded by Andrea Schlectman on July 23, 2007 and is headquartered in Vancouver, Canada.
AUGG stock price is due to News?
March 10, 2022
Announced the results of the Updated Mineral Resource Estimate (the “MRE”) for its Bullfrog Gold Project located in Nevada, USA.
Highlights
- Measured and Indicated Mineral Resources of 1,209,290 ounces of gold (94% oxide)
- Inferred Mineral Resources of 257,900 ounces of gold (91% oxide)
- Studies necessary to de-risk the project and advance the permitting are in progress
Trending Stock AUGG 5 Day Chart
AUGG Stock Price HOT Stock Grade:
The official heat level for ECTM is, a 🔥🔥🔥 3 out of 4 . Here are my takeaways on it and why it is just a 3 out of 4. Do you agree?
AUGG Trading Volume
The volume, is trading at an increase of 720% over the average which indicates a higher demand in the stock.
Trading 101: volume is measured in the number of shares traded. Traders look to volume to determine liquidity and combine changes in volume with technical indicators to make trading decisions. So, let’s take a look at the technical indicators.
AUGG Technicals
The technical analysis “chart reading”, it is bullish and has been that way since the early part of this month with a steady ascending channel.
Trading 101: Technical indicators are technical tools that help in analyzing the movement in the stock prices whether the ongoing trend is going to continue or reverse. It helps the traders to make entry and exit decisions of a particular stock. Technical indicators can be leading or lagging indicators.
AUGG News Cycle
The news, there is significant news, “Measured and Indicated Mineral Resources of 1,209,290 ounces of gold (94% oxide)”
AUGG Fundamentals
The fundamentals, there is nothing exciting here.
Trading 101: Fundamental trading is a method where a trader focuses on company-specific events to determine which stock to buy and when to buy it. Trading on fundamentals is more closely associated with a buy-and-hold strategy rather than short-term trading.
AUGG Awareness
Marketing efforts “Awareness Campaigns”, I have not found marketing efforts around the investor awareness of this company. Hence the 3 out of 4. Do you agree? Write me a line at [email protected]
Again, two heads are better than one, let’s work together to have the best trading year of our lives!
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