Durango Resources (CVE:DGO) Shares Down 12.1% – Time to Sell?

Shares of Durango Resources Inc. (CVE:DGOGet Free Report) fell 12.1% on Friday . The company traded as low as C$0.12 and last traded at C$0.15. 540,683 shares changed hands during trading, an increase of 20% from the average session volume of 451,036 shares. The stock had previously closed at C$0.17.

Durango Resources Price Performance

The firm has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of 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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