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

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

Oroco Resource News Summary

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 Up 19.2%

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 stock has a market cap of C$137.18 million, a P/E ratio of -33.00 and a beta of -0.28. The company’s 50 day moving average price is C$0.34 and its two-hundred day moving average price 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.