Durango Resources (CVE:DGO) Stock Price Up 14.3% – Still a Buy?

Durango Resources Inc. (CVE:DGOGet Free Report)’s share price rose 14.3% during mid-day trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 606,240 shares were traded during mid-day trading, an increase of 258% from the average daily volume of 169,307 shares. The stock had previously closed at C$0.04.

Durango Resources Price Performance

The company has a market cap of C$4.71 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The stock has a 50-day moving average price of C$0.03 and a 200 day moving average price of 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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