Durango Resources (CVE:DGO) Trading 28.6% Higher – Time to Buy?

Durango Resources Inc. (CVE:DGOGet Free Report)’s share price traded up 28.6% during trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 1,139,740 shares changed hands during mid-day trading, an increase of 544% from the average session volume of 177,013 shares. The stock had previously closed at C$0.04.

Durango Resources Price Performance

The firm has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The firm has a market capitalization of C$4.24 million, a P/E 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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