Durango Resources (CVE:DGO) Trading 80% Higher – Should You Buy?

Durango Resources Inc. (CVE:DGOGet Free Report)’s stock price was up 80% on Monday . The stock traded as high as C$0.08 and last traded at C$0.05. Approximately 8,041,136 shares changed hands during mid-day trading, an increase of 6,028% from the average daily volume of 131,226 shares. The stock had previously closed at C$0.03.

Durango Resources Trading Down 22.2 %

The firm has a market cap of C$3.30 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The stock’s fifty day moving average price is C$0.03 and its 200-day moving average price is 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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