Durango Resources (CVE:DGO) Stock Price Down 12.1% – Here’s What Happened

Durango Resources Inc. (CVE:DGOGet Free Report) was down 12.1% on Friday . The company traded as low as C$0.12 and last traded at C$0.15. Approximately 540,683 shares were traded during mid-day trading, an increase of 20% from the average daily volume of 451,036 shares. The stock had previously closed at C$0.17.

Durango Resources Price Performance

The firm has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.03. The stock has a market cap of C$13.19 million, a PE ratio of -1.00 and a beta of 1.49.

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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