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

Durango Resources Inc. (CVE:DGOGet Free Report)’s share price traded up 28.6% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. 904,240 shares traded hands during trading, an increase of 417% from the average session volume of 174,949 shares. The stock had previously closed at C$0.04.

Durango Resources Trading Up 28.6 %

The stock has a market capitalization of C$4.24 million, a P/E ratio of -1.00 and a beta of 1.49. The firm’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.03.

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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