Orosur Mining (OTCMKTS:OROXF) Shares Up 10.4% – Still a Buy?

Orosur Mining Inc. (OTCMKTS:OROXFGet Free Report) shot up 10.4% during trading on Monday . The company traded as high as $0.28 and last traded at $0.2759. 71,868 shares were traded during mid-day trading, an increase of 157% from the average session volume of 27,985 shares. The stock had previously closed at $0.25.

Orosur Mining Stock Performance

The company has a market capitalization of $118.79 million, a PE ratio of 7.50 and a beta of 8.96. The company’s 50-day simple moving average is $0.26 and its 200-day simple moving average is $0.31.

Orosur Mining Company Profile

(Get Free Report)

Orosur Mining Inc, trading under OTCMKTS:OROXF, is a Canadian-based precious metals exploration and production company with a focus on Latin America. The company’s assets are concentrated in Uruguay and Colombia and comprise a combination of operating mines and exploration-stage projects. Orosur’s integrated strategy encompasses the acquisition, development and operation of mineral properties, with an emphasis on gold and silver deposits.

The company’s flagship operation was the Santa Ana mine in Uruguay, an open-pit, heap-leach facility that began producing gold and silver in 2007.

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