Desert Gold Ventures (CVE:DAU) Shares Down 15.4% – Should You Sell?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report) fell 15.4% during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. 205,000 shares traded hands during trading, an increase of 136% from the average session volume of 86,833 shares. The stock had previously closed at C$0.07.

Desert Gold Ventures Price Performance

The company has a market cap of C$16.87 million, a PE ratio of -3.75 and a beta of 1.75. The company has a debt-to-equity ratio of 124.81, a current ratio of 1.53 and a quick ratio of 0.54. 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

(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.

Further Reading

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