Oroco Resource Corp. (CVE:OCO – Get Free Report)’s share price fell 14.8% during trading on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. 973,540 shares traded hands during trading, an increase of 390% from the average session volume of 198,769 shares. The stock had previously closed at C$0.27.
Oroco Resource Price Performance
The stock has a market cap of C$55.95 million, a price-to-earnings ratio of -11.50 and a beta of 1.82. The firm has a 50 day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.32.
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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