Desert Gold Ventures Inc. (CVE:DAU – Get Free Report)’s share price rose 16.7% on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 277,000 shares were traded during mid-day trading, an increase of 101% from the average daily volume of 137,709 shares. The stock had previously closed at C$0.06.
Desert Gold Ventures Trading Up 16.7 %
The company’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.07. The company has a current ratio of 1.53, a quick ratio of 0.54 and a debt-to-equity ratio of 124.81. The firm has a market capitalization of C$15.74 million, a P/E ratio of -3.50 and a beta of 1.75.
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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