Desert Gold Ventures (CVE:DAU) Stock Price Down 15.4% – What’s Next?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s stock price fell 15.4% on Monday . The stock traded as low as C$0.06 and last traded at C$0.06. 344,000 shares changed hands during mid-day trading, an increase of 350% from the average session volume of 76,365 shares. The stock had previously closed at C$0.07.

Desert Gold Ventures Stock Performance

The firm has a market cap of C$14.62 million, a PE ratio of -3.25 and a beta of 1.75. The company’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The company has a quick ratio of 0.54, a current ratio of 1.53 and a debt-to-equity ratio of 124.81.

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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