New Risk • Nov 10
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$3.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.3m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€60.9m market cap, or US$65.3m). New Risk • Aug 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.7m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€49.0m market cap, or US$53.8m). Duyuru • Apr 05
Augusta Gold Corp., Annual General Meeting, Jun 20, 2024 Augusta Gold Corp., Annual General Meeting, Jun 20, 2024. Duyuru • Mar 30
Augusta Gold Corp. announced that it has received $22.757561 million in funding On March 28, 2024, Augusta Gold Corp. closed the transaction. The company amended the terms of the transaction. The company received $525,000 in additional funding. The company received aggregate proceeds of $22,757,561. The company extended the maturity date to June 30, 2024. In connection with the extension, the company paid an extension fee to the Lender of $27,790.70. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Executive Chairman Richard Warke was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jun 08
Augusta Gold Corp. Announces Advancing on its Plan to Complete Feasibility Study at its 100% Owned Reward Project Augusta Gold Corp. announced that it is advancing on its plan to complete a Feasibility Study at its 100% owned Reward Project and continues to push forward environmental studies to support advanced permitting activities and support a mine plan of operations at its Bullfrog Project, both located in the Walker Lane district of southern Nevada. Augusta Gold is advancing completion of the final Feasibility Study on its 100% owned Reward open pit/heap leach project in the Walker Lane district of southern Nevada. Reward has all major federal and state permits in place, sufficient water rights for construction and operation, and existing power supply to the project site. Prices for goods and services have stabilized sufficiently allowing the Company to advance completion of the Feasibility Study. Kappes, Cassiday and Associates, based in Reno, NV is the primary contractor for the study, which is scheduled for completion in Q4/2023. Other contractors contributing to the Feasibility Study are Respec, Newfields, Apex Geosciences, Knight Piésold and SRK. In addition to the Feasibility Study, drill plans are in place to test additional mineral resource growth potential extending adjacent to and below the current pit shell Environmental studies continue on the project to support planned development schedules. Recent Insider Transactions • Mar 24
Executive Chairman recently bought €2.7m worth of stock On the 22nd of March, Richard Warke bought around 3m shares on-market at roughly €0.90 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of €3.4m worth in shares. Duyuru • Jan 22
Augusta Gold Corp. has completed a Composite Units Offering in the amount of CAD 10.000001 million. Augusta Gold Corp. has completed a Composite Units Offering in the amount of CAD 10.000001 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 5,847,954
Price\Range: CAD 1.71
Discount Per Security: CAD 0.0855 Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. President, CEO & Direcctor Don Taylor is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 25% share price gain to €1.41, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 4x in the Metals and Mining industry in Germany. Total returns to shareholders of 27% over the past year. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €1.06, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 3x in the Metals and Mining industry in Germany. Total loss to shareholders of 1.4% over the past year. Recent Insider Transactions • Jun 19
Executive Chairman recently bought €92k worth of stock On the 14th of June, Richard Warke bought around 70k shares on-market at roughly €1.31 per share. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of €541k worth in shares. Recent Insider Transactions • Jun 16
Executive Chairman recently bought €66k worth of stock On the 14th of June, Richard Warke bought around 50k shares on-market at roughly €1.32 per share. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of €476k worth in shares. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improved over the past week After last week's 32% share price gain to €1.49, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 6x in the Metals and Mining industry in Germany. Total returns to shareholders of 8.4% over the past year. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. President, CEO & Direcctor Don Taylor is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 21% share price gain to €1.05, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 6x in the Metals and Mining industry in Germany. Total loss to shareholders of 38% over the past year. Recent Insider Transactions • Oct 01
Independent Director recently bought €92k worth of stock On the 27th of September, Daniel Earle bought around 100k shares on-market at roughly €0.92 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €231k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 31
Independent Director recently bought €71k worth of stock On the 29th of July, Daniel Earle bought around 60k shares on-market at roughly €1.18 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €139k more in shares than they have sold in the last 12 months. Executive Departure • Apr 15
President, CEO & Director Maryse Belanger has left the company On the 13th of April, Maryse Belanger's tenure as President, CEO & Director of the company ended after less than a year in the role. As of December 2020, Maryse personally held 208.33k shares (€260k worth at the time). A total of 4 executives have left over the last 12 months. Under Maryse's leadership, the company delivered a total shareholder return of 52%. Is New 90 Day High Low • Feb 16
New 90-day high: €2.00 The company is up 90% from its price of €1.05 on 18 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 56% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: €0.23 The company is up 29% from its price of €0.18 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 46% over the same period. Is New 90 Day High Low • Oct 15
New 90-day high: €0.21 The company is up 39% from its price of €0.15 on 17 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period. 
