Oroco Resource Corp. (CVE:OCO – Get Free Report) shares were down 6.2% during mid-day trading on Thursday . The company traded as low as C$0.45 and last traded at C$0.46. Approximately 344,848 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 957,622 shares. The stock had previously closed at C$0.49.
Oroco Resource Price Performance
The stock has a fifty day moving average of C$0.42 and a two-hundred day moving average of C$0.44. The stock has a market capitalization of C$140.16 million, a price-to-earnings ratio of -21.50 and a beta of 0.18. The company has a current ratio of 5.71, a quick ratio of 5.79 and a debt-to-equity ratio of 0.18.
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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