Durango Resources (CVE:DGO) Trading 33.3% Higher – Time to Buy?

Durango Resources Inc. (CVE:DGOGet Free Report) rose 33.3% during trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 5,179,717 shares were traded during trading, an increase of 1,364% from the average daily volume of 353,807 shares. The stock had previously closed at C$0.08.

Durango Resources Stock Performance

The company has a market cap of C$9.42 million, a PE ratio of -1.00 and a beta of 1.49. The company has a 50 day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.03.

Durango Resources Company Profile

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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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