Durango Resources (CVE:DGO) Trading Up 33.3% – Here’s Why

Durango Resources Inc. (CVE:DGO) shares were up 33.3% during trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 5,179,717 shares changed hands during trading, an increase of 1,364% from the average daily volume of 353,807 shares. The stock had previously closed at C$0.08.

Durango Resources Trading Up 33.3 %

The stock has a market cap of C$9.42 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The firm’s 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.03.

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.