Oroco Resource Corp. (CVE:OCO – Get Free Report)’s stock price traded up 14.1% during trading on Wednesday . The company traded as high as C$0.79 and last traded at C$0.73. 2,356,024 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 2,553,166 shares. The stock had previously closed at C$0.64.
Oroco Resource Stock Performance
The business’s 50-day moving average price is C$0.41 and its 200-day moving average price is C$0.34. The stock has a market cap of C$227.30 million, a PE ratio of -33.00 and a beta of -0.28. The company has a current ratio of 0.78, a quick ratio of 5.79 and a debt-to-equity ratio of 0.54.
About Oroco Resource
Oroco Resource Corp., an exploration stage company, engages in the acquisition and exploration of mineral properties in Mexico. It explores for gold, silver, and copper deposits. The company primarily focuses on the Santo Tomas porphyry copper project located in Sinaloa State. It also holds 100% interests in the Xochipala project that includes Celia Gene and Celia Generosa contiguous mineral concessions covering an area of 193 hectares located in Guerrero; and the Salvador property that covers an area of 100 hectares located in Guerrero.
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