Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) shares fell 9.1% on Friday . The company traded as low as C$0.10 and last traded at C$0.10. 2,850,085 shares traded hands during mid-day trading, an increase of 292% from the average daily volume of 727,210 shares. The stock had previously closed at C$0.11.
Desert Gold Ventures Stock Down 9.1%
The company has a debt-to-equity ratio of 124.81, a quick ratio of 0.54 and a current ratio of 1.53. The company’s 50-day moving average price is C$0.13 and its 200 day moving average price is C$0.11. The stock has a market capitalization of C$36.06 million, a P/E ratio of -10.00 and a beta of 2.01.
Desert Gold Ventures Company Profile
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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