Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) shares rose 25% on Saturday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 384,000 shares changed hands 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 Trading Up 25.0 %
The company has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.07. The firm has a market capitalization of C$16.87 million, a price-to-earnings ratio of -3.75 and a beta of 1.75. The company has a current ratio of 1.53, a quick ratio of 0.54 and a debt-to-equity ratio of 124.81.
About Desert Gold Ventures
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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