Durango Resources (CVE:DGO) Hits New 52-Week Low – Should You Sell?

Durango Resources Inc. (CVE:DGOGet Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 26000 shares trading hands. The stock had previously closed at C$0.03.

Durango Resources Price Performance

The company has a market cap of C$1.88 million, a price-to-earnings ratio of -1.00 and a beta of 1.49. The firm’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.03.

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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