Augusta Gold Corp. executive chairman Richard Warke buys shares totaling $9,875

Published 14/03/2025, 00:36
Augusta Gold Corp. executive chairman Richard Warke buys shares totaling $9,875

Richard Warke, Executive Chairman of Augusta Gold Corp. (OTC:AUGG), has recently acquired additional shares in the company, adding to his position in the micro-cap miner currently valued at $67 million. According to a recent SEC filing, Warke purchased a total of 12,500 common shares over two days. The transactions, completed on March 12 and 13, 2025, were executed at prices ranging from $0.76 to $0.81 per share, amounting to a total investment of $9,875. The stock, which has surged nearly 44% over the past six months, currently trades at $0.83. InvestingPro data reveals several key metrics about the company’s financial position.

The purchases were made through Augusta Investments Inc., where Warke serves as the sole officer and director, giving him indirect beneficial ownership of the newly acquired shares. Following these transactions, Warke’s total shareholding in Augusta Gold Corp. increased to 25,475,888 shares, demonstrating continued insider confidence despite the company’s challenging financial metrics, including negative earnings and a tight liquidity position. Get deeper insights into AUGG’s financial health with InvestingPro, which offers 8 additional key investment tips.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.