Durango Resources (CVE:DGO) Stock Price Up 33.3% – Still a Buy?

Durango Resources Inc. (CVE:DGOGet Free Report)’s stock price shot up 33.3% during trading on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. 5,179,717 shares traded hands during trading, an increase of 1,364% from the average session volume of 353,807 shares. The stock had previously closed at C$0.08.

Durango Resources Price Performance

The company has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.03. The firm has a market capitalization of C$9.42 million, a PE 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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