Shares of Oroco Resource Corp. (CVE:OCO – Get Free Report) were up 29.6% on Saturday . The company traded as high as C$0.35 and last traded at C$0.35. Approximately 1,168,497 shares were traded during mid-day trading, an increase of 644% from the average daily volume of 156,986 shares. The stock had previously closed at C$0.27.
Oroco Resource Stock Performance
The company has a market cap of C$88.91 million, a price-to-earnings ratio of -33.00 and a beta of -0.02. The firm’s 50 day simple moving average is C$0.34 and its 200-day simple moving average is C$0.30. The company has a debt-to-equity ratio of 0.54, a quick ratio of 5.79 and a current ratio of 0.78.
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.
Read More
- Five stocks we like better than Oroco Resource
- Investing in Travel Stocks Benefits
- Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?
- How Investors Can Find the Best Cheap Dividend Stocks
- Gates Foundation Sells MSFT Stock—Should Investors Be Worried?
- How to Choose Top Rated Stocks
- MarketBeat Week in Review – 12/1 – 12/5
Receive News & Ratings for Oroco Resource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oroco Resource and related companies with MarketBeat.com's FREE daily email newsletter.
