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

Durango Resources Inc. (CVE:DGOGet Free Report)’s share price rose 25% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 279,000 shares traded hands during mid-day trading, an increase of 57% from the average daily volume of 177,243 shares. The stock had previously closed at C$0.04.

Durango Resources Price Performance

The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The stock has a market capitalization of C$4.71 million, a price-to-earnings 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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