Durango Resources (CVE:DGO) Trading Up 6.3% – Here’s Why

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

Durango Resources Price Performance

The company 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 has a 50-day moving average price of C$0.11 and a 200-day moving average price of C$0.06.

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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