Oroco Resource (CVE:OCO) Trading 49.4% Higher – Should You Buy?

Oroco Resource Corp. (CVE:OCO)’s stock price traded up 49.4% on Tuesday . The company traded as high as C$0.67 and last traded at C$0.65. 5,273,751 shares changed hands 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.

More Oroco Resource News

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

• Positive Sentiment: Closed upsized C$23M bought‑deal led by Canaccord Genuity — proceeds earmarked to advance the Santo Tomás copper project (drilling, project work and permitting), which materially improves the company’s near‑term funding position and supports de‑risking the asset. Oroco Closes Upsized C$23M Bought Deal Financing Led by Canaccord Genuity Oroco Closes Upsized C$23M Bought Deal Financing Led by Canaccord Genuity (Yahoo) Oroco Raises C$23 Million in Upsized Bought Deal (TipRanks)
• Neutral Sentiment: The financing is a corporate/financial catalyst rather than an operational discovery — value realization still depends on upcoming drilling results, permitting progress and copper prices. Investors should watch announced use‑of‑proceeds details and upcoming technical programs.
• Negative Sentiment: New equity issuance is dilutive and comes with underwriting fees; investors should monitor the increase in share count and any subsequent equity needs if project costs rise. The financing reduces short‑term risk but does not eliminate project execution or commodity price risk. Article on Financing

Oroco Resource Stock Performance

The stock’s fifty day moving average is C$0.34 and its 200-day moving average is C$0.32. The stock has a market cap of C$137.18 million, a price-to-earnings 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.

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.