Oroco Resource Corp. (CVE:OCO – Get Free Report)’s stock price rose 31% on Monday . The company traded as high as C$0.64 and last traded at C$0.57. Approximately 1,960,194 shares were traded during mid-day trading, an increase of 31% from the average daily volume of 1,494,033 shares. The stock had previously closed at C$0.44.
Oroco Resource Stock Performance
The stock has a fifty day moving average price of C$0.33 and a 200 day moving average price of C$0.31. The company has a current ratio of 0.78, a quick ratio of 5.79 and a debt-to-equity ratio of 0.54. The firm has a market cap of C$165.13 million, a price-to-earnings ratio of -33.00 and a beta of -0.28.
Oroco Resource Company Profile
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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