Oroco Resource Corp. (CVE:OCO – Get Free Report) traded down 3.3% on Thursday. The stock traded as low as C$0.43 and last traded at C$0.44. Approximately 242,245 shares were traded during trading, a decline of 57% from the average daily volume of 561,484 shares. The stock had previously closed at C$0.46.
Oroco Resource Trading Down 3.3%
The firm has a fifty day simple moving average of C$0.46 and a 200-day simple moving average of C$0.42. The firm has a market cap of C$143.42 million, a P/E ratio of -22.00 and a beta of 0.41. The company has a debt-to-equity ratio of 0.17, a current ratio of 5.17 and a quick ratio of 5.79.
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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