Oroco Resource (CVE:OCO) Trading 14.1% Higher – What’s Next?

Oroco Resource Corp. (CVE:OCOGet Free Report)’s stock price rose 14.1% on Wednesday . The stock traded as high as C$0.79 and last traded at C$0.73. Approximately 2,356,024 shares traded hands during trading, a decline of 8% from the average daily volume of 2,553,166 shares. The stock had previously closed at C$0.64.

Trending Headlines about Oroco Resource

Here are the key news stories impacting Oroco Resource this week:

Oroco Resource Trading Up 20.5%

The company has a market cap of C$285.75 million, a PE ratio of -33.00 and a beta of -0.28. The company has a debt-to-equity ratio of 0.54, a quick ratio of 5.79 and a current ratio of 0.78. The company has a 50 day simple moving average of C$0.39 and a two-hundred day simple moving average of C$0.34.

Oroco Resource Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Oroco Resource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oroco Resource and related companies with MarketBeat.com's FREE daily email newsletter.