Oroco Resource Corp. (CVE:OCO – Get Free Report)’s share price traded up 11.1% on Friday . The company traded as high as C$0.31 and last traded at C$0.30. 288,407 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 210,656 shares. The stock had previously closed at C$0.27.
Oroco Resource Trading Up 13.0 %
The business’s 50-day moving average is C$0.29 and its two-hundred day moving average is C$0.31. The firm has a market cap of C$74.20 million, a P/E ratio of -18.86 and a beta of 1.82. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.78 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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