Durango Resources (CVE:DGO) Stock Price Down 17.9% – Here’s What Happened

Durango Resources Inc. (CVE:DGOGet Free Report)’s stock price fell 17.9% during trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.12. 67,450 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 462,760 shares. The stock had previously closed at C$0.14.

Durango Resources Price Performance

The firm’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.03. The firm has a market cap of C$12.25 million, a price-to-earnings 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.

Further Reading

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