Shares of Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) dropped 7.1% on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 502,000 shares were traded during mid-day trading, an increase of 352% from the average daily volume of 111,027 shares. The stock had previously closed at C$0.07.
Desert Gold Ventures Trading Down 7.1 %
The business has a 50 day simple moving average of C$0.07 and a 200 day simple moving average of C$0.07. The company has a debt-to-equity ratio of 124.81, a current ratio of 1.53 and a quick ratio of 0.54. The company has a market cap of C$14.62 million, a price-to-earnings 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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