Shares of Oroco Resource Corp. (CVE:OCO – Get Free Report) traded up 2.7% on Thursday. The company traded as high as C$0.38 and last traded at C$0.38. Approximately 35,752 shares traded hands during trading, a decline of 93% from the average daily volume of 534,764 shares. The stock had previously closed at C$0.36.
Oroco Resource Trading Up 2.7%
The firm has a market capitalization of C$122.23 million, a P/E ratio of -18.75 and a beta of 0.41. The stock’s 50-day simple moving average is C$0.45 and its two-hundred day simple moving average is C$0.45. The company has a debt-to-equity ratio of 0.17, a current ratio of 5.17 and a quick ratio of 5.79.
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.
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