Durango Resources (CVE:DGO) Trading Down 15.2% – Should You Sell?

Shares of Durango Resources Inc. (CVE:DGO) dropped 15.2% on Saturday . The company traded as low as C$0.12 and last traded at C$0.14. Approximately 1,007,783 shares changed hands during trading, an increase of 111% from the average daily volume of 477,804 shares. The stock had previously closed at C$0.17.

Durango Resources Stock Down 15.2 %

The stock has a market capitalization of C$13.19 million, a P/E ratio of -1.00 and a beta of 1.49. The company has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.03.

About Durango Resources

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.