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Oroco Resource shares surged 25.5% on Monday amid increased trading, reaching C$0.64.
Oroco Resource (CVE:OCO) shares jumped 25.5% on Monday, reaching a high of C$0.66 and closing at C$0.64, up from C$0.51, with trading volume at 1.64 million shares, 30% below average. The exploration-stage company, focused on gold, silver, and copper projects in Mexico, owns the Santo Tomas, Xochipala, and Salvador properties. It has a market cap of C$207.82 million, a negative P/E ratio of -33.00, and a debt-to-equity ratio of 0.54. The stock’s surge occurred amid increased trading, though the specific cause was not disclosed.
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