Durango Resources (CVE:DGO) Stock Price Up 65% – What’s Next?

Shares of Durango Resources Inc. (CVE:DGOGet Free Report) shot up 65% during trading on Thursday . The stock traded as high as C$0.17 and last traded at C$0.17. 3,419,741 shares were traded during trading, an increase of 681% from the average session volume of 437,637 shares. The stock had previously closed at C$0.10.

Durango Resources Trading Up 65.0 %

The company’s fifty day moving average is C$0.05 and its 200 day moving average is C$0.03. The company has a market cap of C$15.54 million, a P/E ratio of -1.00 and a beta of 1.49.

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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