Shares of Oroco Resource Corp. (CVE:OCO – Get Free Report) rose 29.6% on Saturday . The stock traded as high as C$0.35 and last traded at C$0.35. Approximately 1,168,497 shares were traded during mid-day trading, an increase of 644% from the average daily volume of 156,986 shares. The stock had previously closed at C$0.27.
Oroco Resource Price Performance
The company has a market capitalization of C$88.91 million, a PE ratio of -33.00 and a beta of -0.02. The stock has a 50 day moving average price of C$0.34 and a two-hundred day moving average price of C$0.30. 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.
Further Reading
- Five stocks we like better than Oroco Resource
- Breakout Stocks: What They Are and How to Identify Them
- Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast
- Should You Invest in Penny Stocks?
- Five Below and Dollar Tree Earnings Signal a Shopper Shift
- What Are Some of the Best Large-Cap Stocks to Buy?
- Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?
Receive News & Ratings for Oroco Resource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oroco Resource and related companies with MarketBeat.com's FREE daily email newsletter.
