Desert Gold Ventures (CVE:DAU) Sets New 52-Week High – Should You Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s share price reached a new 52-week high during trading on Monday . The company traded as high as C$0.09 and last traded at C$0.09, with a volume of 693000 shares traded. 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 quick ratio of 0.54 and a current ratio of 1.53. The business has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.07. The firm has a market capitalization of C$22.99 million, a price-to-earnings ratio of -7.50 and a beta of 0.77.

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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