Desert Gold Ventures Inc. (CVE:DAU – Get Free Report)’s share price rose 16.7% on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 277,000 shares were traded during trading, an increase of 101% from the average daily volume of 137,709 shares. The stock had previously closed at C$0.06.
Desert Gold Ventures Stock Up 16.7 %
The firm has a market cap of C$15.74 million, a P/E ratio of -3.50 and a beta of 1.75. The firm’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.07. The company has a current ratio of 1.53, a quick ratio of 0.54 and a debt-to-equity ratio of 124.81.
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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