Durango Resources (CVE:DGO) Stock Price Up 28.6% – Here’s Why

Durango Resources Inc. (CVE:DGOGet Free Report)’s stock price rose 28.6% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,139,740 shares were traded during trading, an increase of 544% from the average daily volume of 176,931 shares. The stock had previously closed at C$0.04.

Durango Resources Stock Performance

The business has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The firm has a market cap of C$4.24 million, a P/E ratio of -1.00 and a beta of 1.49.

Durango Resources Company Profile

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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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