Oroco Resource Corp. (CVE:OCO – Get Free Report) shares were down 3.6% during mid-day trading on Thursday . The company traded as low as C$0.27 and last traded at C$0.27. Approximately 129,607 shares changed hands during trading, a decline of 23% from the average daily volume of 167,858 shares. The stock had previously closed at C$0.28.
Oroco Resource Price Performance
The company has a fifty day moving average price of C$0.30 and a 200 day moving average price of C$0.32. The company has a market cap of C$58.38 million, a PE ratio of -12.00 and a beta of 1.82.
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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