Durango Resources (CVE:DGO) Stock Price Up 28.6% – Still a Buy?

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

Durango Resources Stock Performance

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

About Durango Resources

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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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