Desert Gold Ventures (CVE:DAU) Hits New 12-Month High – Still a Buy?

Desert Gold Ventures Inc. (CVE:DAUGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as C$0.09 and last traded at C$0.08, with a volume of 165000 shares trading hands. The stock had previously closed at C$0.09.

Desert Gold Ventures Trading Down 5.9%

The business’s 50-day moving average is C$0.08 and its two-hundred day moving average is C$0.07. The firm has a market cap of C$17.99 million, a P/E ratio of -4.00 and a beta of 1.75. The company has a debt-to-equity ratio of 124.81, a current ratio of 1.53 and a quick ratio of 0.54.

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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