Deep South Resources (DSM) Sets New 1-Year Low at $0.06

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Deep South Resources Inc (CVE:DSM) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 132000 shares changing hands. The stock had previously closed at C$0.07.

The company has a debt-to-equity ratio of 7.86, a quick ratio of 0.01 and a current ratio of 0.05. The stock has a market cap of $5.95 million and a PE ratio of -7.50.

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Deep South Resources Company Profile (CVE:DSM)

Deep-South Resources Inc, a development stage company, engages in the acquisition, exploration, and development of mineral properties. It primarily explores for copper, nickel, cobalt, and gold deposits. The company holds a 100% interest in the Haib project located in the south of Namibia. It also has an option to acquire 75% interest in the Kapili Tepe project that consists of one mining license and two exploration licenses located in the Sivas Province of the North Central part of Turkey.

Further Reading: Systematic Risk and Investors

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