Durango Resources (CVE:DGO) Trading 25% Higher – Time to Buy?

Durango Resources Inc. (CVE:DGOGet Free Report) rose 25% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 279,000 shares changed hands during mid-day trading, an increase of 57% from the average daily volume of 177,243 shares. The stock had previously closed at C$0.04.

Durango Resources Price Performance

The company has a market cap of C$4.71 million, a P/E ratio of -1.00 and a beta of 1.49. The company’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.03.

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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