Desert Gold Ventures Inc (CVE:DAU) traded down 16.7% during trading on Tuesday . The company traded as low as C$0.15 and last traded at C$0.15. 103,000 shares traded hands during trading, an increase of 589% from the average session volume of 14,952 shares. The stock had previously closed at C$0.18.
The firm has a market cap of $6.62 million and a P/E ratio of -2.19. The company has a debt-to-equity ratio of 466.61, a current ratio of 0.29 and a quick ratio of 0.29.
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Desert Gold Ventures Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. The company explores for gold ores. It holds a 100% interest in the Byumba exploration permit that covers an area of approximately 90,119 hectares, which is located to the north of the capital city of Kigali, Rwanda.
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