Desert Mountain Energy Corp. (OTCMKTS:DMEHF – Get Free Report)’s share price shot up 5.6% during mid-day trading on Thursday . The company traded as high as $0.20 and last traded at $0.18. 110,898 shares changed hands during mid-day trading, an increase of 105% from the average session volume of 53,972 shares. The stock had previously closed at $0.17.
Desert Mountain Energy Stock Performance
The business has a 50-day simple moving average of $0.18 and a two-hundred day simple moving average of $0.21.
Desert Mountain Energy Company Profile
Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the Southwestern United States. It holds interest in the Holbrook Basin helium project located in the Northern Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp.
Further Reading
- Five stocks we like better than Desert Mountain Energy
- Best Stocks Under $10.00
- Why Williams-Sonoma Will Hit Fresh Highs in 2025
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Alphabet Stock Becomes a Low-Risk, High-Reward Play
- How to Most Effectively Use the MarketBeat Earnings Screener
- Affirm Stock: Should You Buy the Dip After Walmart Setback?
Receive News & Ratings for Desert Mountain Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Desert Mountain Energy and related companies with MarketBeat.com's FREE daily email newsletter.
