Shares of Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) shot up 25% during mid-day trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. 384,000 shares traded hands during 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 Trading Up 25.0 %
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 company’s 50 day moving average is C$0.07 and its 200 day moving average is C$0.07. The stock has a market capitalization of C$16.87 million, a price-to-earnings ratio of -3.75 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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