Shares of Durango Resources Inc. (CVE:DGO – Get Free Report) rose 22.2% during trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 923,000 shares were traded during mid-day trading, an increase of 432% from the average daily volume of 173,639 shares. The stock had previously closed at C$0.05.
Durango Resources Trading Up 11.1 %
The firm’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a market cap of C$4.71 million, a P/E ratio of -1.00 and a beta of 1.49.
About Durango Resources
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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