Oroco Resource Corp. (CVE:OCO – Get Free Report)’s share price fell 30.3% during mid-day trading on Wednesday . The stock traded as low as C$0.45 and last traded at C$0.45. 10,076,492 shares were traded during mid-day trading, an increase of 218% from the average session volume of 3,168,994 shares. The stock had previously closed at C$0.65.
Oroco Resource Stock 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 company has a market cap of C$134.64 million, a price-to-earnings ratio of -33.00 and a beta of -0.28. The stock has a 50-day moving average price of C$0.35 and a 200 day moving average price of 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.
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