Durango Resources (CVE:DGO) Stock Price Up 28.6% – Time to Buy?

Durango Resources Inc. (CVE:DGOGet Free Report)’s stock price rose 28.6% on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 973,740 shares changed hands during trading, an increase of 454% from the average daily volume of 175,774 shares. The stock had previously closed at C$0.04.

Durango Resources Trading Up 28.6 %

The firm has a market capitalization of C$4.24 million, a P/E ratio of -1.00 and a beta of 1.49. The company has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of 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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