Oroco Resource Corp. (CVE:OCO – Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.32 and last traded at C$0.33, with a volume of 101082 shares trading hands. The stock had previously closed at C$0.33.
Oroco Resource Stock Performance
The company has a 50-day moving average of C$0.34 and a 200-day moving average of C$0.39. The firm has a market capitalization of C$79.06 million, a price-to-earnings ratio of -16.25 and a beta of 1.82.
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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