Oroco Resource (CVE:OCO) Stock Price Down 4.5% – Here’s Why

Oroco Resource Corp. (CVE:OCOGet Free Report) shares traded down 4.5% on Thursday . The stock traded as low as C$0.32 and last traded at C$0.32. Approximately 126,583 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 122,320 shares. The stock had previously closed at C$0.34.

Oroco Resource Stock Up 3.1 %

The company has a market cap of C$80.28 million, a PE ratio of -16.50 and a beta of 1.82. The stock’s 50 day moving average is C$0.30 and its 200-day moving average is C$0.33.

About Oroco Resource

(Get Free Report)

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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