Oroco Resource (CVE:OCO) Stock Price Down 22.1% – Time to Sell?

Oroco Resource Corp. (CVE:OCO) fell 22.1% on Thursday . The stock traded as low as C$0.35 and last traded at C$0.37. 3,919,242 shares changed hands during trading, an increase of 137% from the average session volume of 1,656,284 shares. The stock had previously closed at C$0.48.

Trending Headlines about Oroco Resource

Here are the key news stories impacting Oroco Resource this week:

• Positive Sentiment: Financing proceeds are intended to advance the Santo Tomás copper project, which supports near‑term exploration and development work that could add project value. Oroco Raises Up to C$17.25 Million in Bought Deal to Advance Santo Tomás Copper Project
• Neutral Sentiment: Oroco initially launched a Canaccord Genuity‑led bought deal financing (announced as C$15M), providing committed capital underwriter support and faster execution versus an open market raise. Oroco Raises Up to C$17.25 Million in Bought Deal to Advance Santo Tomás Copper Project
• Negative Sentiment: Management increased/upsized the bought‑deal offering (reports cite further increases up to C$17.25M and up to C$23M), which sparked investor concern over dilution and triggered a sharp share sell‑off. Market commentary notes the stock “tumbled” after the upsized offering announcement. Oroco Resource stock tumbles after increased bought deal offering Oroco Upsizes Bought Deal to Up to C$23 Million for Santo Tomás Copper Work

Oroco Resource Price Performance

The company has a market capitalization of C$93.99 million, a P/E ratio of -33.00 and a beta of -0.28. The company has a quick ratio of 5.79, a current ratio of 0.78 and a debt-to-equity ratio of 0.54. The business’s 50-day moving average price is C$0.33 and its 200 day moving average price is C$0.31.

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.