Desert Gold Ventures (CVE:DAU) Stock Price Up 25% – Here’s What Happened

Desert Gold Ventures Inc. (CVE:DAUGet Free Report) traded up 25% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. 384,000 shares traded hands during mid-day 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 Stock Up 25.0 %

The company has a debt-to-equity ratio of 124.81, a current ratio of 1.53 and a quick ratio of 0.54. The stock has a market cap of C$16.87 million, a price-to-earnings ratio of -3.75 and a beta of 1.75. The firm has a 50 day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07.

About Desert Gold Ventures

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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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