Durango Resources (CVE:DGO) Shares Up 25% – Here’s What Happened

Shares of Durango Resources Inc. (CVE:DGO) shot up 25% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 279,000 shares traded 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 two-hundred day moving average price of C$0.03. The stock has a market capitalization of C$4.71 million, a P/E ratio of -1.00 and a beta of 1.49.

Durango Resources Company Profile

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.