Orosur Mining (OTCMKTS:OROXF) Stock Price Up 719.6% – Still a Buy?

Orosur Mining Inc. (OTCMKTS:OROXFGet Free Report) shares rose 719.6% on Wednesday . The company traded as high as $0.2049 and last traded at $0.2049. 2,000 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 6,125 shares. The stock had previously closed at $0.0250.

Orosur Mining Stock Up 719.6%

The business’s 50-day simple moving average is $0.22 and its two-hundred day simple moving average is $0.28. The firm has a market cap of $82.17 million, a price-to-earnings ratio of 5.12 and a beta of 8.86.

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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