Shares of Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) rose 25% during trading on Saturday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 384,000 shares changed hands during mid-day trading, an increase of 168% from the average daily volume of 143,384 shares. The stock had previously closed at C$0.06.
Desert Gold Ventures Stock Up 25.0 %
The company has a current ratio of 1.53, a quick ratio of 0.54 and a debt-to-equity ratio of 124.81. The firm’s 50 day simple moving average is C$0.07 and its 200-day simple 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.
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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