Desert Gold Ventures (CVE:DAU) Hits New 12-Month Low at $0.05

Desert Gold Ventures Inc. (CVE:DAU – Get Rating)’s stock price hit a new 52-week low on Friday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 1000 shares traded. The stock had previously closed at C$0.06.

Desert Gold Ventures Stock Performance

The stock has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. The company has a debt-to-equity ratio of 124.81, a quick ratio of 0.54 and a current ratio of 0.57. The firm has a market cap of C$10.75 million, a PE ratio of -1.83 and a beta of 1.37.

Desert Gold Ventures Company Profile

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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 and Rwanda. The company primarily explores for gold ores. Its flagship project is the Senegal Mali Shear Zone project that consists of a total of ten contiguous tenements covering an area of 410 square kilometers located in Western Mali.