Durango Resources Inc. (CVE:DGO – Get Free Report) shares rose 26.9% on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 1,012,600 shares traded hands during mid-day trading, an increase of 121% from the average daily volume of 457,388 shares. The stock had previously closed at C$0.13.
Durango Resources Stock Performance
The firm has a market cap of C$15.54 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The business’s 50-day moving average is C$0.07 and its 200-day moving average is 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.
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