Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) was down 9.1% during mid-day trading on Friday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 2,850,085 shares were traded during trading, an increase of 292% from the average session volume of 727,210 shares. The stock had previously closed at C$0.11.
Desert Gold Ventures Trading Down 13.6%
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’s 50-day moving average is C$0.13 and its 200 day moving average is C$0.11. The company has a market cap of C$34.26 million, a price-to-earnings ratio of -9.50 and a beta of 2.01.
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.
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