Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) shares were up 16.7% on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 285,500 shares changed hands 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 has a market cap of C$14.62 million, a PE ratio of -3.25 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 stock’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07.
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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