Oroco Resource Corp Stock Today
| OCO Stock | CAD 0.60 0.01 1.64% |
Performance11 of 100
| Odds Of DistressLess than 43
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Oroco Resource is selling for under 0.6 as of the 5th of May 2024; that is -1.64 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.58. Oroco Resource has about a 43 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Oroco Resource Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of May 2022 and ending today, the 5th of May 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Oroco Resource Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Mexico. The company was founded in 2006 and is headquartered in Vancouver, Canada. OROCO RESOURCE operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 229.21 M outstanding shares of which 24.73 K shares are now shorted by private and institutional investors with about 0.28 days to cover all short positions. More on Oroco Resource Corp
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Oroco Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Oroco Resource's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Oroco Resource or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Craig Dalziel | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | ||||
Oroco Resource's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Oroco Resource's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Oroco Resource's financial leverage. It provides some insight into what part of Oroco Resource's total assets is financed by creditors.
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Oroco Resource Corp (OCO) is traded on TSX Venture Exchange in Canada and employs 10 people. Oroco Resource is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 137.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Oroco Resource's market, we take the total number of its shares issued and multiply it by Oroco Resource's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Oroco Resource Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 229.21 M outstanding shares of which 24.73 K shares are now shorted by private and institutional investors with about 0.28 days to cover all short positions.
Oroco Resource Corp has accumulated about 21.65 M in cash with (2.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
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Ownership AllocationOroco Resource Corp has a total of 229.21 Million outstanding shares. Oroco Resource holds 8.43 pct. of its outstanding shares held by insiders and 0.009 pct. owned by third-party entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Oroco Ownership Details
Oroco Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Oroco Resource jumping above the current price in 90 days from now is about 20.23%. The Oroco Resource Corp probability density function shows the probability of Oroco Resource stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Oroco Resource has a beta of 0.4768. This indicates as returns on the market go up, Oroco Resource average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oroco Resource Corp will be expected to be much smaller as well. Additionally, oroco Resource Corp has an alpha of 0.7203, implying that it can generate a 0.72 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Oroco Resource to move above the current price in 90 days from now is about 20.23 (This Oroco Resource Corp probability density function shows the probability of Oroco Stock to fall within a particular range of prices over 90 days) .
Oroco Resource Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Oroco Resource market risk premium is the additional return an investor will receive from holding Oroco Resource long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Oroco Resource. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Oroco Resource's alpha and beta are two of the key measurements used to evaluate Oroco Resource's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.91 | |||
| Semi Deviation | 4.42 | |||
| Standard Deviation | 5.49 | |||
| Variance | 30.17 |
Oroco Stock Against Markets
Picking the right benchmark for Oroco Resource stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Oroco Resource stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Oroco Resource is critical whether you are bullish or bearish towards Oroco Resource Corp at a given time. Please also check how Oroco Resource's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Oroco Resource without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Oroco Resource Corporate Management
Elected by the shareholders, the Oroco Resource's board of directors comprises two types of representatives: Oroco Resource inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Oroco. The board's role is to monitor Oroco Resource's management team and ensure that shareholders' interests are well served. Oroco Resource's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Oroco Resource's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ian Rice | Director | Profile | |
| Richard Eng | CEO Director | Profile | |
| CFA CFA | CFO Director | Profile | |
| Kenneth PEng | Technical Director | Profile |
How to buy Oroco Stock?
Before investing in Oroco Resource, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Oroco Resource. To buy Oroco Resource stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Oroco Resource. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Oroco Resource stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Oroco Resource Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Oroco Resource Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Oroco Resource Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Oroco Resource Corp?
The danger of trading Oroco Resource Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Oroco Resource is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Oroco Resource. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Oroco Resource Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oroco Resource Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Oroco Stock analysis
When running Oroco Resource's price analysis, check to measure Oroco Resource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oroco Resource is operating at the current time. Most of Oroco Resource's value examination focuses on studying past and present price action to predict the probability of Oroco Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oroco Resource's price. Additionally, you may evaluate how the addition of Oroco Resource to your portfolios can decrease your overall portfolio volatility.
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