Oroco Resource Corp. (OCO) Director Stephen Martin Leahy Acquires 100,000 Shares

Oroco Resource Corp. (CVE:OCO) Director Stephen Martin Leahy acquired 100,000 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The stock was purchased at an average cost of C$0.29 per share, for a total transaction of C$29,000.00. Following the purchase, the director now owns 1,295,000 shares of the company’s stock, valued at C$375,550.

CVE:OCO remained flat at $C$0.28 during midday trading on Friday. The company had a trading volume of 55,400 shares, compared to its average volume of 92,034. Oroco Resource Corp. has a 52 week low of C$0.10 and a 52 week high of C$0.39. The company has a market capitalization of $26.15 million and a PE ratio of -18.67.

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Oroco Resource Company Profile

Oroco Resource Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Mexico. It explores for copper and gold deposits. The company primarily focuses on the assembly of the mineral concessions, which make up the Santo Tomas porphyry copper project in Sinaloa State, Mexico.

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