Orosur Mining (OTCMKTS:OROXF) Shares Up 19.2% – Still a Buy?

Orosur Mining Inc. (OTCMKTS:OROXFGet Free Report) shares rose 19.2% on Friday . The stock traded as high as $0.2980 and last traded at $0.2980. 4,315 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 36,722 shares. The stock had previously closed at $0.25.

Orosur Mining Trading Up 19.2%

The company’s 50 day moving average price is $0.21 and its two-hundred day moving average price is $0.25. The firm has a market cap of $119.50 million, a PE ratio of 7.45 and a beta of 8.92.

About Orosur Mining

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Orosur Mining Inc, trading under OTCMKTS:OROXF, is a Canadian-based precious metals exploration and production company with a focus on Latin America. The company’s assets are concentrated in Uruguay and Colombia and comprise a combination of operating mines and exploration-stage projects. Orosur’s integrated strategy encompasses the acquisition, development and operation of mineral properties, with an emphasis on gold and silver deposits.

The company’s flagship operation was the Santa Ana mine in Uruguay, an open-pit, heap-leach facility that began producing gold and silver in 2007.

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