Desert Gold Ventures (CVE:DAU) Shares Up 16.7% – Should You Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s stock price traded up 16.7% during trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. 285,500 shares were traded during trading, an increase of 107% from the average session volume of 137,975 shares. The stock had previously closed at C$0.06.

Desert Gold Ventures Price Performance

The company has a market capitalization of C$15.74 million, a P/E ratio of -3.50 and a beta of 1.75. The firm’s fifty day moving average is C$0.07 and its 200 day moving average is 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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