Dacian Gold (ASX:DCN) Trading 2% Higher

Shares of Dacian Gold Limited (ASX:DCN) traded up 2% during mid-day trading on Tuesday . The company traded as high as A$1.55 ($1.10) and last traded at A$1.53 ($1.09), 2,039,070 shares traded hands during mid-day trading. The stock had previously closed at A$1.50 ($1.06).

The company has a debt-to-equity ratio of 66.55, a quick ratio of 0.47 and a current ratio of 0.74. The company’s 50 day simple moving average is A$1.47. The firm has a market cap of $342.81 million and a P/E ratio of 116.54.

About Dacian Gold (ASX:DCN)

Dacian Gold Limited explores and develops gold properties in Australia. It primarily focuses on its 100% owned Mount Morgans Gold Project located in the Western Australia. The company was founded in 2011 and is based in Como, Australia.

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