Desert Gold Ventures Inc. (CVE:DAU – Get Free Report)’s share price rose 16.7% on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 285,500 shares traded hands during 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 capitalization 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 200 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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