Desert Gold Ventures (CVE:DAU) Trading 16.7% Higher

Shares of Desert Gold Ventures Inc (CVE:DAU) traded up 16.7% during trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.14, 109,500 shares traded hands during mid-day trading. An increase of 78% from the average session volume of 61,358 shares. The stock had previously closed at C$0.12.

The firm’s 50-day moving average price is C$0.12 and its 200 day moving average price is C$0.15. The firm has a market capitalization of $12.61 million and a price-to-earnings ratio of -1.22. The company has a debt-to-equity ratio of 466.61, a current ratio of 3.77 and a quick ratio of 3.60.

Desert Gold Ventures (CVE:DAU) last released its quarterly earnings results on Friday, November 29th. The company reported C($0.08) EPS for the quarter.

Desert Gold Ventures Company Profile (CVE:DAU)

Desert Gold Ventures Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. The company explores for gold ores. It holds a 100% interest in the Byumba exploration permit that covers an area of approximately 90,119 hectares, which is located to the north of the capital city of Kigali, Rwanda.

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