Desert Gold Ventures (CVE:DAU) Stock Price Down 15.4% – Here’s What Happened

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s stock price was down 15.4% on Monday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 344,000 shares changed hands during trading, an increase of 350% from the average daily volume of 76,365 shares. The stock had previously closed at C$0.07.

Desert Gold Ventures Price Performance

The company has a market capitalization of C$13.50 million, a P/E ratio of -3.00 and a beta of 1.75. The company 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 debt-to-equity ratio of 124.81, a current ratio of 1.53 and a quick ratio of 0.54.

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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