Desert Gold Ventures (CVE:DAU) Sets New 12-Month High – Still a Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.13, with a volume of 1080349 shares. The stock had previously closed at C$0.13.

Desert Gold Ventures Trading Down 3.8%

The stock has a market cap of C$33.81 million, a PE ratio of -7.50 and a beta of 0.81. The firm has a 50-day moving average price of C$0.09 and a 200-day moving average price of C$0.08. 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

(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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