Durango Resources (CVE:DGO) Trading Down 12.1% – Time to Sell?

Durango Resources Inc. (CVE:DGOGet Free Report)’s share price was down 12.1% on Friday . The stock traded as low as C$0.12 and last traded at C$0.15. Approximately 540,683 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 451,036 shares. The stock had previously closed at C$0.17.

Durango Resources Stock Down 15.2 %

The firm’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.03. The firm has a market capitalization of C$13.19 million, a PE 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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