Desert Gold Ventures (CVE:DAU) Trading 25% Higher – Should You Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report) 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 Price Performance

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

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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