Orosur Mining (OTCMKTS:OROXF) Stock Price Up 33.3% – Here’s What Happened

Orosur Mining Inc. (OTCMKTS:OROXF – Get Free Report)’s share price rose 33.3% on Friday. The stock traded as high as $0.28 and last traded at $0.28. Approximately 1,000 shares were traded during trading, a decline of 99% from the average daily volume of 103,445 shares. The stock had previously closed at $0.21.

Orosur Mining Stock Performance

The stock’s fifty day moving average price is $0.22 and its 200-day moving average price is $0.24. The company has a market capitalization of $112.28 million, a P/E ratio of 7.00 and a beta of 8.92.

About Orosur Mining

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Orosur Mining Inc is a mineral exploration and development company focused primarily on gold projects in South America. The company’s activities include geological mapping, drilling, resource evaluation and the advancement of exploration properties toward potential development.

Orosur’s principal asset is the Anzá gold project in Colombia, a highly prospective exploration property in the Mid-Cauca gold belt. The company also holds the El Pantano gold project in Argentina’s Santa Cruz province, where it is conducting exploration to assess the area’s mineral potential.

Historically, Orosur operated the San Gregorio gold mine in Uruguay and was one of the country’s established gold producers before mining operations were suspended.

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