Durango Resources (CVE:DGO) Trading 25% Higher – Still a Buy?

Shares of Durango Resources Inc. (CVE:DGOGet Free Report) traded up 25% during mid-day trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. 279,000 shares changed hands during trading, an increase of 57% from the average session volume of 177,243 shares. The stock had previously closed at C$0.04.

Durango Resources Stock Up 25.0 %

The company has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The company has a market capitalization of C$4.71 million, a price-to-earnings ratio of -1.00 and a beta of 1.49.

Durango Resources Company Profile

(Get Free Report)

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

Receive News & Ratings for Durango Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Durango Resources and related companies with MarketBeat.com's FREE daily email newsletter.