Oroco Resource Corp. (CVE:OCO – Get Free Report)’s stock price traded down 8.5% during mid-day trading on Friday . The stock traded as low as C$0.48 and last traded at C$0.48. Approximately 261,924 shares traded hands during trading, a decline of 58% from the average session volume of 628,103 shares. The stock had previously closed at C$0.53.
Oroco Resource Stock Down 1.9%
The company has a current ratio of 5.71, a quick ratio of 5.79 and a debt-to-equity ratio of 0.18. The company has a market capitalization of C$169.50 million, a P/E ratio of -26.00 and a beta of 0.12. The stock has a 50 day moving average price of C$0.40 and a 200 day moving average price of C$0.43.
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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