Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) shot up 25% on Saturday . The company traded as high as C$0.08 and last traded at C$0.08. 384,000 shares traded hands during mid-day trading, an increase of 168% from the average session volume of 143,384 shares. The stock had previously closed at C$0.06.
Desert Gold Ventures Price Performance
The stock has a market cap of C$16.87 million, a price-to-earnings ratio of -3.75 and a beta of 1.75. The company has a quick ratio of 0.54, a current ratio of 1.53 and a debt-to-equity ratio of 124.81. The company’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.07.
Desert Gold Ventures Company Profile
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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