Shares of Oroco Resource Corp. (CVE:OCO – Get Free Report) rose 25.5% during trading on Monday . The company traded as high as C$0.66 and last traded at C$0.64. Approximately 1,644,184 shares were traded during trading, a decline of 30% from the average daily volume of 2,335,707 shares. The stock had previously closed at C$0.51.
Oroco Resource Trading Up 25.5%
The firm has a fifty day simple moving average of C$0.37 and a two-hundred day simple moving average of C$0.33. The stock has a market cap of C$207.82 million, a PE ratio of -33.00 and a beta of -0.28. The company has a current ratio of 0.78, a quick ratio of 5.79 and a debt-to-equity ratio of 0.54.
Oroco Resource Company Profile
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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