Desert Mountain Energy (OTCMKTS:DMEHF) Trading Up 1.1% – Here’s Why

Desert Mountain Energy Corp. (OTCMKTS:DMEHFGet Free Report) shot up 1.1% during trading on Wednesday . The company traded as high as $0.14 and last traded at $0.14. 23,402 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 45,051 shares. The stock had previously closed at $0.14.

Desert Mountain Energy Trading Up 1.1%

The company’s fifty day simple moving average is $0.15 and its two-hundred day simple moving average is $0.15.

About Desert Mountain Energy

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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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