Desert Gold Ventures (CVE:DAU) Shares Up 25% – Here’s What Happened

Desert Gold Ventures Inc. (CVE:DAUGet Free Report) rose 25% during mid-day trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 384,000 shares traded hands during 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 Trading Up 25.0 %

The company has a market cap of C$16.87 million, a P/E ratio of -3.75 and a beta of 1.75. The business has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of C$0.07. The company has a debt-to-equity ratio of 124.81, a quick ratio of 0.54 and a current ratio of 1.53.

About Desert Gold Ventures

(Get Free Report)

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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