Orosur Mining (OTCMKTS:OROXF) Trading Up 19.2% – Time to Buy?

Shares of Orosur Mining Inc. (OTCMKTS:OROXFGet Free Report) rose 19.2% on Friday . The stock traded as high as $0.2980 and last traded at $0.2980. Approximately 4,315 shares changed hands during trading, a decline of 88% from the average session volume of 36,722 shares. The stock had previously closed at $0.25.

Orosur Mining Stock Up 19.2%

The company has a market capitalization of $119.50 million, a PE ratio of 7.45 and a beta of 8.92. The company has a 50-day moving average price of $0.21 and a two-hundred day moving average price of $0.25.

About Orosur Mining

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Orosur Mining Inc, trading under OTCMKTS:OROXF, is a Canadian-based precious metals exploration and production company with a focus on Latin America. The company’s assets are concentrated in Uruguay and Colombia and comprise a combination of operating mines and exploration-stage projects. Orosur’s integrated strategy encompasses the acquisition, development and operation of mineral properties, with an emphasis on gold and silver deposits.

The company’s flagship operation was the Santa Ana mine in Uruguay, an open-pit, heap-leach facility that began producing gold and silver in 2007.

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