Durango Resources (CVE:DGO) Stock Price Up 28.6% – What’s Next?

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 1,085,740 shares were traded during mid-day trading, an increase of 517% from the average daily volume of 176,095 shares. The stock had previously closed at C$0.04.

Durango Resources Trading Up 28.6 %

The firm has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.03. The company has a market cap of C$4.24 million, a P/E 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.

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