Orosur Mining (OTCMKTS:OROXF) Shares Down 12.5% – Here’s Why

Orosur Mining Inc. (OTCMKTS:OROXF) shares dropped 12.5% during mid-day trading on Monday . The stock traded as low as $0.21 and last traded at $0.21. Approximately 5,370 shares changed hands during trading, a decline of 87% from the average daily volume of 40,984 shares. The stock had previously closed at $0.24.

Orosur Mining Trading Down 12.5%

The stock has a fifty day moving average price of $0.34 and a 200 day moving average price of $0.32. The firm has a market cap of $83.15 million, a price-to-earnings ratio of 5.25 and a beta of 9.04.

Orosur Mining (OTCMKTS:OROXF) last posted its earnings results on Monday, January 26th. The company reported ($0.01) earnings per share for the quarter.

Orosur Mining Company Profile

Orosur Mining Inc, trading under OTCMKTS:OROXF, is a Canadian-based precious metals exploration and production company with a focus on Latin America. The company’s assets are concentrated in Uruguay and Colombia and comprise a combination of operating mines and exploration-stage projects. Orosur’s integrated strategy encompasses the acquisition, development and operation of mineral properties, with an emphasis on gold and silver deposits.

The company’s flagship operation was the Santa Ana mine in Uruguay, an open-pit, heap-leach facility that began producing gold and silver in 2007.