Desert Gold Ventures (CVE:DAU) Sets New 1-Year High – Here’s Why

by · The Cerbat Gem

Shares of Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.14 and last traded at C$0.14, with a volume of 174700 shares. The stock had previously closed at C$0.14.

Desert Gold Ventures Price Performance

The firm has a market capitalization of C$46.88 million, a P/E ratio of -7.50 and a beta of 1.57. The business has a fifty day moving average of C$0.11 and a 200-day moving average of C$0.09. The company has a debt-to-equity ratio of 124.81, a quick ratio of 0.54 and a current ratio of 1.53.

About Desert Gold Ventures

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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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