Desert Gold Ventures Inc. (CVE:DAU – Get Free Report)’s share price rose 9.1% on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 521,015 shares were traded during trading, a decline of 57% from the average daily volume of 1,210,375 shares. The stock had previously closed at C$0.11.
Desert Gold Ventures Stock Up 9.1%
The firm has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.08. The company has a market capitalization of C$32.46 million, a PE ratio of -7.50 and a beta of 0.81. The company has a debt-to-equity ratio of 124.81, a current ratio of 1.53 and a quick ratio of 0.54.
Desert Gold Ventures Company Profile
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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