Oroco Resource (CVE:OCO) Trading Down 3.2%

Oroco Resource Corp. (CVE:OCO)’s stock price dropped 3.2% during mid-day trading on Tuesday . The stock traded as low as C$0.29 and last traded at C$0.30, approximately 6,500 shares traded hands during trading. A decline of 93% from the average daily volume of 91,099 shares. The stock had previously closed at C$0.31.

The firm has a 50 day moving average of C$0.34 and a 200-day moving average of C$0.43. The company has a market cap of $31.95 million and a P/E ratio of -15.79.

Oroco Resource Company Profile (CVE:OCO)

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.

Read More: Technical Analysis of Stocks, How Can It Help

Receive News & Ratings for Oroco Resource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oroco Resource and related companies with MarketBeat.com's FREE daily email newsletter.