Durango Resources (CVE:DGO) Stock Price Up 25% – Time to Buy?

Durango Resources Inc. (CVE:DGO) shot up 25% during trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 279,000 shares traded hands during mid-day trading, an increase of 57% from the average session volume of 177,243 shares. The stock had previously closed at C$0.04.

Durango Resources Stock Performance

The firm has a market cap of C$4.71 million, a PE ratio of -1.00 and a beta of 1.49. The stock has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03.

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.