Oroco Resource (CVE:OCO) Trading Down 3.9% – What’s Next?

Oroco Resource Corp. (CVE:OCOGet Free Report)’s stock price traded down 3.9% on Thursday . The company traded as low as C$0.25 and last traded at C$0.25. 65,783 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 98,063 shares. The stock had previously closed at C$0.26.

Oroco Resource Stock Up 5.5 %

The company’s 50-day moving average is C$0.29 and its two-hundred day moving average is C$0.33. The company has a market cap of C$70.55 million, a P/E ratio of -14.50 and a beta of 1.82.

Oroco Resource Company Profile

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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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