Desert Gold Ventures (CVE:DAU) Trading Up 25% – Should You Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s share price traded up 25% on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. 384,000 shares traded hands during trading, an increase of 168% from the average session volume of 143,384 shares. The stock had previously closed at C$0.06.

Desert Gold Ventures Trading Up 25.0 %

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 business’s 50-day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The company has a market capitalization of C$16.87 million, a P/E ratio of -3.75 and a beta of 1.75.

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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