Oroco Resource (CVE:OCO) Stock Price Up 14.1% – Still a Buy?

Oroco Resource Corp. (CVE:OCOGet Free Report)’s share price was up 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 were traded 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.

Oroco Resource News Roundup

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

Oroco Resource Stock Performance

The stock has a market cap of C$285.75 million, a price-to-earnings ratio of -33.00 and a beta of -0.28. 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 firm has a fifty day moving average of C$0.39 and a 200 day moving average of C$0.34.

About Oroco Resource

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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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