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

Shares of Durango Resources Inc. (CVE:DGOGet Free Report) were up 25% during trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 279,000 shares traded hands during 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 Trading Up 25.0 %

The firm’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The company has a market capitalization of C$4.71 million, a price-to-earnings ratio of -1.00 and a beta of 1.49.

Durango Resources Company Profile

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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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