Shares of Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) shot up 25% on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. 384,000 shares changed hands during mid-day 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 Stock Performance
The stock has a market cap of C$16.87 million, a price-to-earnings ratio of -3.75 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 firm has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.07.
Desert Gold Ventures Company Profile
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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