Durango Resources (CVE:DGO) Trading 26.9% Higher – Time to Buy?

Shares of Durango Resources Inc. (CVE:DGO) shot up 26.9% on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.17. 1,012,600 shares were traded during mid-day trading, an increase of 123% from the average session volume of 453,249 shares. The stock had previously closed at C$0.13.

Durango Resources Stock Performance

The stock has a market cap of C$15.54 million, a P/E ratio of -1.00 and a beta of 1.49. The business has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.04.

Durango Resources Company Profile

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.