Durango Resources Inc. (CVE:DGO – Get Free Report)’s stock price dropped 12.1% during mid-day trading on Friday . The company traded as low as C$0.12 and last traded at C$0.15. Approximately 540,683 shares changed hands during 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 Trading Down 15.2 %
The stock’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.03. The stock has a market cap of C$13.19 million, a price-to-earnings ratio of -1.00 and a beta of 1.49.
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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