Desert Gold Ventures (CVE:DAU) Shares Down 15% – Time to Sell?

Desert Gold Ventures Inc. (CVE:DAU)’s share price traded down 15% during trading on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09. 1,566,440 shares were traded during mid-day trading, an increase of 21% from the average session volume of 1,292,361 shares. The stock had previously closed at C$0.10.

Desert Gold Ventures Stock Up 11.1%

The company has a quick ratio of 0.54, a current ratio of 1.53 and a debt-to-equity ratio of 124.81. The company has a fifty day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08. The firm has a market cap of C$27.05 million, a P/E ratio of -7.50 and a beta of 0.81.

About Desert Gold Ventures

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.