Desert Gold Ventures Inc. (CVE:DAU – Get Free Report)’s share price was down 15.4% on Monday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 344,000 shares changed hands during mid-day trading, an increase of 350% from the average daily volume of 76,365 shares. The stock had previously closed at C$0.07.
Desert Gold Ventures Price Performance
The company has a debt-to-equity ratio of 124.81, a quick ratio of 0.54 and a current ratio of 1.53. The stock’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. The firm has a market capitalization of C$13.50 million, a P/E ratio of -3.00 and a beta of 1.75.
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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