Oroco Resource Corp. (CVE:OCO - Get Free Report)'s share price dropped 14.8% on Thursday . The stock traded as low as C$0.23 and last traded at C$0.23. Approximately 973,540 shares were traded during mid-day trading, an increase of 390% from the average daily volume of 198,846 shares. The stock had previously closed at C$0.27.
Oroco Resource Price Performance
The company has a market capitalization of C$57.17 million, a PE ratio of -11.75 and a beta of 1.82. The firm has a 50-day moving average of C$0.30 and a two-hundred day moving average of C$0.32.
About Oroco Resource
(
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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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