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Oroco Resource (CVE:OCO) Stock Price Down 3.6% - Time to Sell?

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Oroco Resource Corp. (CVE:OCO - Get Free Report)'s stock price fell 3.6% during trading on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.27. 88,990 shares were traded during trading, a decline of 57% from the average session volume of 206,421 shares. The stock had previously closed at C$0.28.

Oroco Resource Price Performance

The company has a 50 day moving average price of C$0.29 and a 200 day moving average price of C$0.31. The firm has a market cap of C$74.20 million, a PE ratio of -18.86 and a beta of 1.82. The company has a current ratio of 0.78, a quick ratio of 5.79 and a debt-to-equity ratio of 0.54.

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.

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