Oroco Resource (CVE:OCO) Stock Price Down 8.3% - Time to Sell?

Oroco Resource Corp. (CVE:OCO - Get Free Report) shares traded down 8.3% during trading on Friday . The stock traded as low as C$0.38 and last traded at C$0.39. 29,053 shares were traded during trading, a decline of 85% from the average session volume of 199,270 shares. The stock had previously closed at C$0.42.

Oroco Resource Trading Down 4.9 %

The company has a quick ratio of 5.79, a current ratio of 0.78 and a debt-to-equity ratio of 0.54. The company has a market cap of C$94.87 million, a price-to-earnings ratio of -24.11 and a beta of 1.82. The firm has a 50 day moving average price of C$0.34 and a two-hundred day moving average price of C$0.32.

Oroco Resource Company Profile

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.