Shares of Oroco Resource Corp. (CVE:OCO – Get Free Report) traded up 29.6% on Saturday . The stock traded as high as C$0.35 and last traded at C$0.35. 1,168,497 shares changed hands during mid-day trading, an increase of 644% from the average session volume of 156,986 shares. The stock had previously closed at C$0.27.
Oroco Resource Stock Performance
The company has a debt-to-equity ratio of 0.54, a quick ratio of 5.79 and a current ratio of 0.78. The firm 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 market capitalization of C$88.91 million, a P/E ratio of -33.00 and a beta of -0.02.
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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