Durango Resources (CVE:DGO) Shares Up 28.6% – Time to Buy?

Durango Resources Inc. (CVE:DGOGet Free Report) shot up 28.6% during mid-day trading on Saturday . The company traded as high as C$0.05 and last traded at C$0.05. 1,139,740 shares changed hands during trading, an increase of 544% from the average session volume of 177,013 shares. The stock had previously closed at C$0.04.

Durango Resources Stock Up 28.6 %

The company has a market capitalization of C$4.24 million, a PE ratio of -1.00 and a beta of 1.49. The firm’s 50-day moving average is C$0.03 and its 200-day moving average is 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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