Durango Resources (CVE:DGO) Trading Up 65% – Still a Buy?

Durango Resources Inc. (CVE:DGOGet Free Report) shares were up 65% during mid-day trading on Friday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 3,419,741 shares were traded during mid-day trading, an increase of 644% from the average daily volume of 459,529 shares. The stock had previously closed at C$0.10.

Durango Resources Stock Down 15.2 %

The stock has a market capitalization of C$13.19 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The stock has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.03.

Durango Resources Company Profile

(Get Free Report)

Durango Resources Inc engages in the acquisition and exploration of precious and base mineral resource properties in Canada. It holds 100% interest in a group of properties totaling approximately 9,500 hectares located in the Windfall Lake gold camp in the Abitibi region of Québec, Canada. The company was formerly known as Atocha Resources Inc and changed its name to Durango Resources Inc in February 2013.

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