Desert Gold Ventures (CVE:DAU) Trading Up 25% – Still a Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s stock price traded up 25% on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. 384,000 shares traded hands during trading, an increase of 168% from the average session volume of 143,384 shares. The stock had previously closed at C$0.06.

Desert Gold Ventures Trading Up 25.0 %

The business has a 50-day moving average price of C$0.07 and a 200-day moving average price of 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. The firm has a market capitalization of C$16.87 million, a P/E ratio of -3.75 and a beta of 1.75.

Desert Gold Ventures Company Profile

(Get Free Report)

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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