Desert Gold Ventures Inc. (CVE:DAU – Get Free Report)’s share price traded down 23.1% during mid-day trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05. 481,000 shares changed hands during trading, an increase of 389% from the average session volume of 98,365 shares. The stock had previously closed at C$0.07.
Desert Gold Ventures Stock Performance
The firm has a market capitalization of C$14.62 million, a price-to-earnings ratio of -3.25 and a beta of 1.75. The company has a current ratio of 1.53, a quick ratio of 0.54 and a debt-to-equity ratio of 124.81. The stock’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.07.
About Desert Gold Ventures
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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