Oroco Resource Corp. (CVE:OCO – Get Free Report) shares rose 14.1% during mid-day trading on Tuesday . The stock traded as high as C$0.79 and last traded at C$0.73. Approximately 2,356,024 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 2,553,166 shares. The stock had previously closed at C$0.64.
Oroco Resource Stock Up 14.1%
The company has a debt-to-equity ratio of 0.54, a current ratio of 0.78 and a quick ratio of 5.79. The business’s fifty day simple moving average is C$0.38 and its two-hundred day simple moving average is C$0.33. The company has a market cap of C$237.05 million, a PE ratio of -33.00 and a beta of -0.28.
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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