Deep South Resources (CVE:DSM) Shares Gap Up to $0.13

Deep South Resources Inc (CVE:DSM) gapped up before the market opened on Monday . The stock had previously closed at $0.13, but opened at $0.14. Deep South Resources shares last traded at $0.15, with a volume of 255,300 shares trading hands.

The firm has a market cap of $3.19 million and a PE ratio of -13.18. The firm has a fifty day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.08. The company has a debt-to-equity ratio of 8.62, a quick ratio of 0.02 and a current ratio of 0.05.

About Deep South Resources (CVE:DSM)

Deep-South Resources Inc, a development stage company, engages in the acquisition, exploration, and development of mineral properties. It primarily explores for copper, nickel, cobalt, and gold deposits. The company holds a 100% interest in the Haib project located in the south of Namibia. It also has an option to acquire 75% interest in the Kapili Tepe project that consists of one mining license and two exploration licenses located in the Sivas Province of the North Central part of Turkey.

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