Durango Resources (CVE:DGO) Trading Down 20% – What’s Next?

Durango Resources Inc. (CVE:DGOGet Free Report)’s stock price dropped 20% during mid-day trading on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 130,500 shares were traded during trading, an increase of 73% from the average daily volume of 75,573 shares. The stock had previously closed at C$0.03.

Durango Resources Stock Performance

The firm has a market cap of C$1.88 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The stock’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.03.

About Durango Resources

(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.

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