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

Desert Gold Ventures Inc. (CVE:DAU)’s share price shot up 16.7% during trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. 285,500 shares changed hands during mid-day 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 Trading Up 16.7 %

The business has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.07. The company has a market capitalization of C$15.74 million, a PE ratio of -3.50 and a beta of 1.75. 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

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.