Durango Resources (CVE:DGO) Trading Up 28.6% – What’s Next?

Durango Resources Inc. (CVE:DGOGet Free Report) shares rose 28.6% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 1,085,740 shares were traded during trading, an increase of 517% from the average daily volume of 176,095 shares. The stock had previously closed at C$0.04.

Durango Resources Price Performance

The stock has a market capitalization of C$4.24 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The business’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.03.

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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