Durango Resources (CVE:DGO) Shares Up 25% – Still a Buy?

Durango Resources Inc. (CVE:DGOGet Free Report) was up 25% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 279,000 shares were traded during mid-day trading, an increase of 57% from the average daily volume of 177,243 shares. The stock had previously closed at C$0.04.

Durango Resources Stock Performance

The stock has a market cap of C$4.71 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The business has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of 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.

Further Reading

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