Orocobre Limited (TSE:ORL – Get Free Report) shares were up 3.6% during mid-day trading on Monday . The company traded as high as C$8.34 and last traded at C$8.28. Approximately 19,462 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 72,233 shares. The stock had previously closed at C$7.99.
Orocobre Price Performance
The firm has a market cap of C$5.28 billion and a P/E ratio of -36.00. The firm’s fifty day simple moving average is C$8.28. The company has a current ratio of 4.33, a quick ratio of 3.68 and a debt-to-equity ratio of 47.17.
Orocobre Company Profile
Orocobre Limited engages in the exploration, development, and production of lithium in Argentina. The company's flagship project is the Olaroz Lithium Facility located in the Jujuy province of northern Argentina. It also operates two open pit mines situated in Tincalayu and Sijes producing minerals, refined products, and boric acid.
Featured Stories
- Five stocks we like better than Orocobre
- What does consumer price index measure?
- Novo Nordisk: A New Boost for GLP-1 Sales on the Horizon
- Quiet Period Expirations Explained
- Why Now Is the Ultimate Time to Invest in Oil Stocks
- What Does a Stock Split Mean?
- Q4’s Most Upgraded Stocks: Promising Buys for 2025
Receive News & Ratings for Orocobre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orocobre and related companies with MarketBeat.com's FREE daily email newsletter.
