Shares of Oroco Resource Corp. (CVE:OCO – Get Free Report) traded down 11.1% on Thursday . The stock traded as low as C$0.24 and last traded at C$0.24. 912,840 shares changed hands during trading, an increase of 366% from the average session volume of 195,838 shares. The stock had previously closed at C$0.27.
Oroco Resource Stock Performance
The company has a market cap of C$57.17 million, a P/E ratio of -11.75 and a beta of 1.82. The company’s 50-day moving average price is C$0.30 and its two-hundred day moving average price is C$0.32.
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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