Oroco Resource (CVE:OCO) Trading Down 5.5%

Shares of Oroco Resource Corp. (CVE:OCO) traded down 5.5% on Thursday . The stock traded as low as C$0.43 and last traded at C$0.43, 9,000 shares were traded during trading. A decline of 91% from the average session volume of 97,706 shares. The stock had previously closed at C$0.46.

The stock has a market cap of $43.38 million and a P/E ratio of -26.56. The firm has a 50-day simple moving average of C$0.45 and a two-hundred day simple moving average of C$0.40.

Oroco Resource Company Profile (CVE:OCO)

Oroco Resource Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Mexico. It explores for copper and gold deposits. The company primarily focuses on the assembly of the mineral concessions, which make up the Santo Tomas porphyry copper project in Sinaloa State.

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