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Oroco Resource (CVE:OCO) Sets New 52-Week Low - What's Next?

Oroco Resource logo with Basic Materials background

Oroco Resource Corp. (CVE:OCO - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.23 and last traded at C$0.24, with a volume of 574305 shares. The stock had previously closed at C$0.24.

Oroco Resource Stock Up 2.1 %

The firm has a 50 day moving average of C$0.30 and a 200-day moving average of C$0.32. The company has a market cap of C$58.38 million, a P/E ratio of -12.00 and a beta of 1.82.

Oroco Resource Company Profile

(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.

Further Reading

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