Desert Gold Ventures (CVE:DAU) Shares Down 11.1% – Here’s What Happened

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s share price traded down 11.1% on Monday . The company traded as low as C$0.11 and last traded at C$0.12. 490,950 shares were traded during trading, a decline of 36% from the average session volume of 766,613 shares. The stock had previously closed at C$0.14.

Desert Gold Ventures Stock Up 3.8%

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 stock has a market capitalization of C$48.69 million, a P/E ratio of -13.50 and a beta of 1.69. The company has a fifty day moving average price of C$0.13 and a 200-day moving average price of C$0.10.

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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