Durango Resources (CVE:DGO) Trading 20% Higher – Still a Buy?

Durango Resources Inc. (CVE:DGOGet Free Report)’s stock price shot up 20% during mid-day trading on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.09. 3,632,200 shares changed hands during trading, an increase of 1,141% from the average session volume of 292,753 shares. The stock had previously closed at C$0.08.

Durango Resources Price Performance

The stock has a market capitalization of C$8.95 million, a P/E ratio of -1.00 and a beta of 1.49. The stock has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.03.

About Durango Resources

(Get Free Report)

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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