Desert Gold Ventures (CVE:DAU) Trading 16.7% Higher – Here’s What Happened

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s stock price was up 16.7% during trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 285,500 shares changed 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 Price Performance

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 has a market cap of C$14.62 million, a P/E ratio of -3.25 and a beta of 1.75. The stock’s fifty day moving average is C$0.07 and its two-hundred day moving average is C$0.07.

Desert Gold Ventures Company Profile

(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.

Further Reading

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