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Oroco Resource (CVE:OCO) Hits New 12-Month Low - Here's What Happened

Oroco Resource logo with Basic Materials background

Shares of Oroco Resource Corp. (CVE:OCO - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as C$0.25 and last traded at C$0.26, with a volume of 185416 shares traded. The stock had previously closed at C$0.27.

Oroco Resource Stock Down 6.6 %

The business has a 50-day simple moving average of C$0.30 and a 200-day simple moving average of C$0.33. The company has a market cap of C$62.03 million, a PE ratio of -12.75 and a beta of 1.82.

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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