Oroco Resource Corp. (CVE:OCO – Get Free Report)’s stock price traded up 11.8% during trading on Tuesday . The stock traded as high as C$0.58 and last traded at C$0.57. 337,984 shares changed hands during trading, a decline of 80% from the average session volume of 1,715,979 shares. The stock had previously closed at C$0.51.
Oroco Resource Price Performance
The company has a debt-to-equity ratio of 0.54, a current ratio of 0.78 and a quick ratio of 5.79. The stock has a market capitalization of C$178.60 million, a price-to-earnings ratio of -55.00 and a beta of 0.41. The stock has a 50 day moving average price of C$0.52 and a 200-day moving average price of C$0.38.
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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