Desert Gold Ventures (CVE:DAU) Sets New 12-Month High – Here’s Why

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 126000 shares. The stock had previously closed at C$0.07.

Desert Gold Ventures Stock Performance

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 has a market cap of C$17.99 million, a price-to-earnings ratio of -4.00 and a beta of 1.75. The stock’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.07.

About Desert Gold Ventures

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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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