Orocobre Limited (TSE:ORL – Get Free Report) shares shot up 3.6% during mid-day trading on Monday . The stock traded as high as C$8.34 and last traded at C$8.28. 19,462 shares were traded during trading, a decline of 73% from the average session volume of 72,233 shares. The stock had previously closed at C$7.99.
Orocobre Stock Performance
The stock has a 50 day moving average price of C$8.28. The company has a debt-to-equity ratio of 47.17, a quick ratio of 3.68 and a current ratio of 4.33. The stock has a market capitalization of C$5.28 billion and a PE ratio of -36.00.
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.
Further Reading
- Five stocks we like better than Orocobre
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Don’t Miss These Stock Picks for the Lumber Price Surge
- How to Use High Beta Stocks to Maximize Your Investing Profits
- NVIDIA Stock Defies Skeptics, Earns Analyst Upgrade
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- 3 Highly Profitable Companies Set for Double-Digit Upside
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.
