Durango Resources Inc. (V:DGO)
Business Focus: Diversified Mining
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Company News
Nov 15, 2023 07:00 ET
Durango Intersects 93m of Pegmatite at NMX East Lithium Property
Vancouver, BC - TheNewswire -
November 15, 2023 - Durango
Resources Inc. (TSX.V:DGO)
(Frankfurt:86A1) (OTC:ATOXF), (the
“Company” or “Durango”) is pleased to announce that
further to the news of October 23, 2023, the planned 800m inaugural
drill program on the NMX East lithium property is complete.
Oct 23, 2023 07:00 ET
Durango Provides Update on NMX East Lithium Property
Vancouver, BC - TheNewswire - October
23, 2023 – Durango Resources Inc. (TSXV:DGO) (Frankfurt:86A1)
(OTC:ATOXF), (the “Company” or
“Durango”) is pleased to announce that further to the news of
October 6 and August 30, 2023, that the drill, helicopter and field
crew have arrived and started drilling and mapping at its wholly owned
NMX East Property located in the Eeyou-Istchee
James Bay region of Québec.
Valuation Ratios
Industry
Sector
Beta
1.58
--
--
Price to Sales - TTM
--
6.10
4.09
Price to Book - most recent quarter
1.89
1.73
1.70
Price to Cash Flow per share - TTM
--
8.61
8.49
Price to Free Cash Flow per share - TTM
--
12.66
16.57
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Nov 15, 2023 | 6,294 | 3,772 |
| Oct 31, 2023 | 2,522 | -5,019 |
| Oct 15, 2023 | 7,541 | -95,861 |
Business Summary
| Sector: Basic Materials | Industry: Diversified Mining |
Durango Resources Inc. is a Canada-based natural resources company engaged in the acquisition and exploration of mineral properties. The Company is positioned for discovery with a 100% interest in a strategically located group of properties in the Windfall Lake and Troilus gold camps in the Abitibi region of Quebec, Canada. It holds approximately 9,500 hectares (ha) in the Windfall Lake exploration camp area located in the Urban Barry greenstone belt. Its Discovery Property is located approximately 100 kilometers (km) north of Chibougamau, Quebec, and is approximately 60 km southwest of the past producing Troilus Mine. Its Mayner's Fortune limestone property is located in the Skeena Mining Division approximately 7.5 km southwest of Terrace, B.C. and four km west of Lakelse Lake on Lakelse River. The Company's NMX East property is adjacent to the Whabouchi Lithium Deposit and Hydromet Plant Project. The Company's other properties include Decouverte claims and Trove claims.
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