Durango Resources (CVE:DGO) Shares Cross Below 50-Day Moving Average – Time to Sell?

Durango Resources Inc. (CVE:DGOGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.17 and traded as low as C$0.17. Durango Resources shares last traded at C$0.17, with a volume of 84,525 shares traded.

Durango Resources Trading Up 6.3%

The firm’s fifty day moving average price is C$0.17 and its two-hundred day moving average price is C$0.17. The stock has a market capitalization of C$16.02 million, a PE ratio of -1.00 and a beta of 1.49.

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. Durango Resources Inc was incorporated in 2006 and is headquartered in Richmond, Canada.

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