Oroco Resource (OCO) Trading Down 10.1%
Oroco Resource Corp. (CVE:OCO)’s share price fell 10.1% during mid-day trading on Wednesday . The stock traded as low as C$0.61 and last traded at C$0.62. 268,120 shares were traded during trading, an increase of 127% from the average session volume of 118,367 shares. The stock had previously closed at C$0.69.
The company has a market capitalization of $40.27 million and a price-to-earnings ratio of -40.59.
In other news, Director Stephen Martin Leahy bought 100,000 shares of Oroco Resource stock in a transaction that occurred on Thursday, March 14th. The stock was bought at an average cost of C$0.29 per share, with a total value of C$29,000.00. Following the acquisition, the director now owns 1,295,000 shares of the company’s stock, valued at approximately C$375,550.
Oroco Resource Company Profile (CVE:OCO)
Oroco Resource Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Mexico. It explores for copper and gold deposits. The company primarily focuses on the assembly of the mineral concessions, which make up the Santo Tomas porphyry copper project in Sinaloa State, Mexico.
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