Oroco Resource Corp. (CVE:OCO – Get Free Report)’s stock price fell 0.5% during mid-day trading on Thursday . The company traded as low as C$0.38 and last traded at C$0.38. 176,505 shares traded hands during trading, a decline of 77% from the average session volume of 752,996 shares. The stock had previously closed at C$0.39.
Oroco Resource Trading Down 0.5%
The company has a quick ratio of 5.79, a current ratio of 5.71 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of C$124.84 million, a P/E ratio of -19.15 and a beta of 0.11. The firm’s 50-day simple moving average is C$0.40 and its 200 day simple moving average is C$0.46.
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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