Desert Gold Ventures Inc. (CVE:DAU – Get Free Report)’s share price was up 16.7% on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 285,500 shares were traded during mid-day trading, an increase of 107% from the average daily volume of 137,975 shares. The stock had previously closed at C$0.06.
Desert Gold Ventures Stock Performance
The firm’s 50 day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The company has a debt-to-equity ratio of 124.81, a quick ratio of 0.54 and a current ratio of 1.53. The firm has a market cap of C$14.62 million, a PE ratio of -3.25 and a beta of 1.75.
About Desert Gold Ventures
Desert Gold Ventures Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Mali. The company primarily explores for gold ores. Its flagship project is the Senegal Mali Shear Zone project located in Western Mali. Desert Gold Ventures Inc was incorporated in 2003 and is headquartered in Surrey, Canada.
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