Austral Gold Limited (ASX:AGD) shot up 12% during mid-day trading on Thursday . The company traded as high as A$0.09 ($0.07) and last traded at A$0.09 ($0.07), 180,752 shares were traded during trading. An increase of 1,023% from the average session volume of 16,102 shares. The stock had previously closed at A$0.08 ($0.06).

The business’s 50 day simple moving average is A$0.07. The company has a quick ratio of 0.28, a current ratio of 0.83 and a debt-to-equity ratio of 33.66. The stock has a market capitalization of $49.68 million and a PE ratio of -1.90.

Austral Gold Company Profile (ASX:AGD)

Austral Gold Limited, together with its subsidiaries, engages in the exploration and development of precious metals in South America. The company explores for gold and silver deposits. Its flagship project is the 100% owned Guanaco/Amancaya gold and silver mine located to the south east of Antofagasta in Northern Chile.

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