Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) shares dropped 15.4% during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 205,000 shares traded hands during mid-day trading, an increase of 136% from the average daily volume of 86,833 shares. The stock had previously closed at C$0.07.
Desert Gold Ventures Stock Performance
The firm has a fifty day moving average of C$0.07 and a 200 day moving average of C$0.07. The company has a debt-to-equity ratio of 124.81, a current ratio of 1.53 and a quick ratio of 0.54. The stock has a market capitalization of C$16.87 million, a price-to-earnings ratio of -3.75 and a beta of 1.75.
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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