Oroco Resource (CVE:OCO) Stock Price Down 3.9% – Time to Sell?

Oroco Resource Corp. (CVE:OCOGet Free Report)’s share price fell 3.9% during trading on Thursday . The stock traded as low as C$0.25 and last traded at C$0.25. 65,783 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 98,063 shares. The stock had previously closed at C$0.26.

Oroco Resource Price Performance

The business has a 50 day moving average price of C$0.30 and a 200 day moving average price of C$0.33. The stock has a market capitalization of C$59.60 million, a PE ratio of -12.25 and a beta of 1.82.

About Oroco Resource

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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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