Austin Gold Corp. (AUST)
Austin Gold Corp. (AUST) is a mineral exploration company focused on gold properties in Nevada. The company engages in the acquisition, exploration, and development of gold assets, aiming to discover and develop economic gold deposits through its exploration programs.
Company News
Gold prices have surpassed $4,000 per ounce, driven by inflation concerns and economic uncertainty. Mining companies are experiencing significant margin expansion, with Goldman Sachs forecasting gold could reach $4,900 by late 2026.
The 55+ housing market is experiencing significant shifts, with home prices climbing in unexpected regions like the Northeast and Southern California, while traditionally popular retirement hotspots in Florida and Texas see price declines. Buyers and sellers need to be aware of these changing trends to navigate the market effectively.
AUST, GIL and FMAO have been added to the Zacks Rank #5 (Strong Sell) List on September 25, 2023.
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