Oroco Resource (CVE:OCO) Stock Price Up 14.1% – Time to Buy?

Oroco Resource Corp. (CVE:OCO) shares were up 14.1% on Wednesday . The company traded as high as C$0.79 and last traded at C$0.73. Approximately 2,356,024 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 2,553,166 shares. The stock had previously closed at C$0.64.

Oroco Resource News Roundup

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

• Positive Sentiment: The article highlights conference updates on the Santo Tomas copper-gold project that refreshed investor focus on project scale and potential upside, driving a re-evaluation of Oroco’s valuation and near-term catalysts. A Look At Oroco Resource (TSXV:OCO) Valuation After Santo Tomas Updates At Industry Conference
• Neutral Sentiment: Context: Oroco has a market capitalization of about C$237M, negative P/E (loss-making), a beta near zero, and is trading above its 50- and 200-day moving averages—technicals and fundamentals that investors will weigh alongside any project re-rating.

Oroco Resource Stock Up 14.1%

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 firm has a market capitalization of C$237.05 million, a PE ratio of -33.00 and a beta of -0.28. The business has a 50-day moving average price of C$0.39 and a 200-day moving average price of C$0.34.

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.