Desert Gold Ventures (CVE:DAU) Hits New 12-Month High – Time to Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as C$0.14 and last traded at C$0.13, with a volume of 67000 shares traded. The stock had previously closed at C$0.13.

Desert Gold Ventures Stock Up 4.0%

The business has a 50-day moving average price of C$0.11 and a two-hundred day moving average price of C$0.09. 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 firm has a market cap of C$46.88 million, a PE ratio of -7.50 and a beta of 1.57.

About Desert Gold Ventures

(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.

See Also

Receive News & Ratings for Desert Gold Ventures Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Desert Gold Ventures and related companies with MarketBeat.com's FREE daily email newsletter.