Shares of Desert Gold Ventures Inc. (CVE:DAU – Get Free Report) dropped 15.4% during trading on Monday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 344,000 shares changed hands during trading, an increase of 350% from the average daily volume of 76,365 shares. The stock had previously closed at C$0.07.
Desert Gold Ventures Stock Performance
The stock has a market cap of C$14.62 million, a PE ratio of -3.25 and a beta of 1.75. The business’s fifty day moving average is C$0.07 and its 200 day moving average is C$0.07. The company has a quick ratio of 0.54, a current ratio of 1.53 and a debt-to-equity ratio of 124.81.
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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