Oroco Resource (CVE:OCO) Trading Up 49.4% – Still a Buy?

Shares of Oroco Resource Corp. (CVE:OCO) traded up 49.4% on Tuesday . The stock traded as high as C$0.67 and last traded at C$0.65. 5,273,751 shares were traded during mid-day trading, an increase of 139% from the average session volume of 2,203,566 shares. The stock had previously closed at C$0.44.

Oroco Resource News Roundup

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

• Positive Sentiment: Large intraday rally and momentum/technical breakout — the jump has pushed OCO well above its 50- and 200-day moving averages, which can attract short‑term momentum and technical traders. Oroco Resource (CVE:OCO) Shares Up 49.4% – Here’s Why
• Neutral Sentiment: Increased media coverage and analyst commentary — two separate American Banking News pieces spotlight the move and ask whether the stock remains a buy, which raises visibility but doesn’t by itself confirm a new fundamental catalyst. This can bring new retail/institutional attention and volume volatility. Oroco Resource (CVE:OCO) Trading Up 49.4% – Still a Buy?
• Negative Sentiment: Possible speculative/short-covering move and valuation uncertainty — coverage questions sustainability, and there is no clear new corporate announcement cited in the pieces; with a negative P/E and modest liquidity metrics, the rally may be driven more by momentum than by improved fundamentals, increasing downside risk if buying cools.

Oroco Resource Price Performance

The company has a market capitalization of C$165.13 million, a price-to-earnings 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. The company’s 50 day simple moving average is C$0.34 and its 200-day simple moving average is C$0.32.

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.