Desert Gold Ventures (CVE:DAU) Reaches New 1-Year Low at $0.10

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Desert Gold Ventures Inc (CVE:DAU) shares reached a new 52-week low on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 126500 shares changing hands. The stock had previously closed at C$0.11.

The firm’s 50 day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.16. The stock has a market capitalization of $8.55 million and a P/E ratio of -2.50. The company has a quick ratio of 2.95, a current ratio of 3.31 and a debt-to-equity ratio of 466.61.

Desert Gold Ventures Company Profile (CVE:DAU)

Desert Gold Ventures Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. The company explores for gold ores. It holds a 100% interest in the Byumba exploration permit that covers an area of approximately 90,119 hectares, which is located to the north of the capital city of Kigali, Rwanda.

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