Desert Gold Ventures (CVE:DAU) Trading 25% Higher – Time to Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s share price was up 25% during trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 384,000 shares were traded 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 Stock 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 company’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.07. The stock has a market capitalization of C$16.87 million, a P/E ratio of -3.75 and a beta of 1.75.

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.

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