Durango Resources (CVE:DGO) Trading Down 5% – Here’s Why

Durango Resources Inc. (CVE:DGOGet Free Report)’s stock price was down 5% on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 210,200 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 343,303 shares. The stock had previously closed at C$0.10.

Durango Resources Trading Down 15.2 %

The company’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.03. The firm has a market cap of C$13.19 million, a P/E 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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