Durango Resources (CVE:DGO) Trading Down 12.1% – What’s Next?

Durango Resources Inc. (CVE:DGOGet Free Report)’s stock price was down 12.1% on Friday . The stock traded as low as C$0.12 and last traded at C$0.15. Approximately 540,683 shares were traded 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 Stock Down 15.2 %

The company has a 50 day moving average price of C$0.05 and a 200-day moving average price of C$0.03. The company has a market cap of C$13.19 million, a price-to-earnings ratio of -1.00 and a beta of 1.49.

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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