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Oroco Resource shares plummeted 18.9%–21.1% on Wednesday amid heavy trading, with no reason given.
Oroco Resource (CVE:OCO) shares dropped between 18.9% and 21.1% on Wednesday, closing around C$0.38, amid significantly elevated trading volume.
The company, an exploration-stage miner focused on gold, silver, and copper projects in Mexico, holds properties including the Santo Tomas porphyry copper project in Sinaloa and others in Guerrero.
Its market cap was approximately C$96 million, with a negative P/E ratio of -33.00 and a beta of -0.28.
No specific reason for the decline was cited.
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Las acciones de Oroco Resource cayeron un 18,9%–21,1% el miércoles en medio de una intensa negociación, sin que se haya dado ninguna razón.