Desert Mountain Energy Corp. (OTCMKTS:DMEHF – Get Free Report) shares rose 12.5% during trading on Wednesday . The stock traded as high as $0.18 and last traded at $0.18. Approximately 72,327 shares traded hands during mid-day trading, an increase of 27% from the average daily volume of 56,766 shares. The stock had previously closed at $0.16.
Desert Mountain Energy Trading Up 12.5 %
The stock’s 50-day simple moving average is $0.19 and its two-hundred day simple moving average is $0.22.
Desert Mountain Energy Company Profile
Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the Southwestern United States. It holds interest in the Holbrook Basin helium project located in the Northern Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp.
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