Oroco Resource (CVE:OCO) Trading 13.3% Higher – Here’s What Happened

Oroco Resource Corp. (CVE:OCO)’s share price traded up 13.3% on Monday . The company traded as high as C$0.34 and last traded at C$0.34. 139,698 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 154,594 shares. The stock had previously closed at C$0.30.

Oroco Resource Stock Up 11.7%

The company has a current ratio of 0.78, a quick ratio of 5.79 and a debt-to-equity ratio of 0.54. The company has a market capitalization of C$85.10 million, a P/E ratio of -33.00 and a beta of 0.27. The stock has a 50 day moving average price of C$0.33 and a 200 day moving average price of C$0.31.

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.