Shares of Oroco Resource Corp. (CVE:OCO – Get Free Report) shot up 3% during mid-day trading on Wednesday . The company traded as high as C$0.35 and last traded at C$0.35. 5,000 shares changed hands during trading, a decline of 95% from the average session volume of 97,933 shares. The stock had previously closed at C$0.34.
Oroco Resource Price Performance
The stock has a 50-day simple moving average of C$0.35 and a 200-day simple moving average of C$0.41. The stock has a market cap of C$81.50 million, a PE ratio of -17.00 and a beta of 1.82.
About Oroco Resource
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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