Desert Gold Ventures Inc. (CVE:DAU – Get Free Report)’s share price shot up 16.7% on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. 285,500 shares changed hands during mid-day trading, an increase of 107% from the average session volume of 137,975 shares. The stock had previously closed at C$0.06.
Desert Gold Ventures Stock Performance
The business’s fifty 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 stock has a market capitalization of C$15.74 million, a P/E ratio of -3.50 and a beta of 1.75.
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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