Shares of Durango Resources Inc. (CVE:DGO – Get Free Report) shot up 26.7% during trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. 4,969,717 shares traded hands during trading, an increase of 1,350% from the average session volume of 342,629 shares. The stock had previously closed at C$0.08.
Durango Resources Trading Up 26.7 %
The firm’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.03. The company has a market cap of C$8.95 million, a price-to-earnings ratio of -1.00 and a beta of 1.49.
Durango Resources Company Profile
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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