Desert Gold Ventures (CVE:DAU) Hits New 12-Month High – Should You Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09, with a volume of 45000 shares trading hands. The stock had previously closed at C$0.08.

Desert Gold Ventures Price Performance

The company has a debt-to-equity ratio of 124.81, a current ratio of 1.53 and a quick ratio of 0.54. The stock has a market capitalization of C$22.99 million, a price-to-earnings ratio of -7.50 and a beta of 0.94. The stock has a 50 day moving average price of C$0.07 and a 200-day moving average price of 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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