Shares of Durango Resources Inc. (CVE:DGO – Get Free Report) dropped 14.3% on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 479,500 shares traded hands during trading, an increase of 480% from the average daily volume of 82,680 shares. The stock had previously closed at C$0.04.
Durango Resources Price Performance
The business has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.03. The company has a market cap of C$2.83 million, a P/E ratio of -1.00 and a beta of 1.64.
About Durango Resources
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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