Shares of Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) rose 25% during mid-day trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 384,000 shares traded 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 Stock Performance
The stock has a market capitalization of C$16.87 million, a price-to-earnings ratio of -3.75 and a beta of 1.75. The stock’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. The company has a quick ratio of 0.54, a current ratio of 1.53 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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