Durango Resources (CVE:DGO) Trading 6.3% Higher – Should You Buy?

Durango Resources Inc. (CVE:DGOGet Free Report) shot up 6.3% during trading on Thursday . The company traded as high as C$0.18 and last traded at C$0.17. 84,525 shares were traded during mid-day trading, a decline of 78% from the average session volume of 386,484 shares. The stock had previously closed at C$0.16.

Durango Resources Trading Up 6.3 %

The stock has a market capitalization of C$16.02 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The stock’s 50 day moving average is C$0.11 and its 200 day moving average is C$0.06.

Durango Resources Company Profile

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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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