Austin Gold Corp: Interim Financial Challenges

Austin Gold Corp. (AUST) has released an update.

Austin Gold Corp. reports a decrease in total assets to $10.67 million as of June 30, 2024, from $12.01 million at the end of 2023, with a significant reduction in short-term investments. The company also shows a decline in current liabilities but an increase in accumulated deficit, suggesting a challenging interim financial period. These unaudited financial statements reflect the company’s position and performance over the six-month period ending June 2024.

For further insights into AUST stock, check out TipRanks’ Stock Analysis page.