Desert Gold Ventures (CVE:DAU) Reaches New 1-Year High – Should You Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.14 and last traded at C$0.14, with a volume of 174700 shares trading hands. The stock had previously closed at C$0.14.

Desert Gold Ventures Stock Performance

The company has a quick ratio of 0.54, a current ratio of 1.53 and a debt-to-equity ratio of 124.81. The firm has a market capitalization of C$50.49 million, a PE ratio of -7.50 and a beta of 1.57. The company has a 50-day moving average of C$0.12 and a 200 day moving average of C$0.09.

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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