Oroco Resource (CVE:OCO) Stock Price Up 13% - What's Next?

Oroco Resource Corp. (CVE:OCO - Get Free Report)'s stock price traded up 13% during trading on Friday . The company traded as high as C$0.31 and last traded at C$0.31. 273,407 shares were traded during mid-day trading, an increase of 30% from the average session volume of 210,243 shares. The stock had previously closed at C$0.27.

Oroco Resource Stock Performance

The company has a quick ratio of 5.79, a current ratio of 0.78 and a debt-to-equity ratio of 0.54. The stock has a market cap of C$80.28 million, a P/E ratio of -20.40 and a beta of 1.82. The firm's 50-day moving average is C$0.29 and its two-hundred day moving average is C$0.31.

Oroco Resource Company Profile

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.