Oroco Resource Corp. (CVE:OCO – Get Free Report) shares were down 19.6% during trading on Wednesday . The stock traded as low as C$0.35 and last traded at C$0.38. Approximately 2,013,154 shares changed hands during trading, an increase of 87% from the average daily volume of 1,075,338 shares. The stock had previously closed at C$0.48.
Oroco Resource Trading Down 17.9%
The company has a 50 day moving average of C$0.33 and a two-hundred day moving average of C$0.31. The stock has a market capitalization of C$99.08 million, a PE ratio of -33.00 and a beta of -0.28. The company has a debt-to-equity ratio of 0.54, a quick ratio of 5.79 and a current ratio of 0.78.
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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