Durango Resources (CVE:DGO) Stock Price Up 26.9% – Here’s Why

Durango Resources Inc. (CVE:DGOGet Free Report) shares shot up 26.9% on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.17. 1,012,600 shares were traded during trading, an increase of 121% from the average session volume of 457,388 shares. The stock had previously closed at C$0.13.

Durango Resources Price Performance

The company has a market cap of C$15.54 million, a P/E ratio of -1.00 and a beta of 1.49. The stock’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.04.

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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