Shares of Durango Resources Inc. (CVE:DGO – Get Free Report) shot up 80% during trading on Monday . The company traded as high as C$0.08 and last traded at C$0.05. 8,041,136 shares changed hands during mid-day trading, an increase of 6,028% from the average session volume of 131,226 shares. The stock had previously closed at C$0.03.
Durango Resources Price Performance
The stock’s 50-day moving average price is C$0.03 and its 200 day moving average price is 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
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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