Durango Resources (CVE:DGO) Trading 28.6% Higher – Time to Buy?

Shares of Durango Resources Inc. (CVE:DGOGet Free Report) were up 28.6% on Saturday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 1,139,740 shares changed hands during trading, an increase of 544% from the average daily volume of 177,013 shares. The stock had previously closed at C$0.04.

Durango Resources Stock Performance

The firm has a market capitalization of C$4.24 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The company has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

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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