Orocobre Limited (TSE:ORL – Get Free Report) traded up 3.6% on Monday . The company traded as high as C$8.34 and last traded at C$8.28. 19,462 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 72,233 shares. The stock had previously closed at C$7.99.
Orocobre Price Performance
The firm has a fifty day simple moving average of C$8.28. The company has a quick ratio of 3.68, a current ratio of 4.33 and a debt-to-equity ratio of 47.17. The stock has a market cap of C$5.28 billion and a price-to-earnings ratio of -36.00.
About Orocobre
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.
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