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Oroco Resource (CVE:OCO) Trading Down 4.5% - Time to Sell?

Oroco Resource logo with Basic Materials background

Oroco Resource Corp. (CVE:OCO - Get Free Report) shares fell 4.5% during trading on Thursday . The company traded as low as C$0.32 and last traded at C$0.32. 126,583 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 122,320 shares. The stock had previously closed at C$0.34.

Oroco Resource Trading Down 4.5 %

The firm has a market cap of C$77.85 million, a PE ratio of -16.00 and a beta of 1.82. The business has a fifty day moving average price of C$0.30 and a 200 day moving average price of C$0.33.

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.

Further Reading

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