Shares of Orocobre Limited (TSE:ORL – Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$8.28 and traded as high as C$8.34. Orocobre shares last traded at C$8.28, with a volume of 19,461 shares trading hands.
Orocobre Stock Performance
The business’s 50-day moving average is C$8.28. The company has a debt-to-equity ratio of 47.17, a current ratio of 4.33 and a quick ratio of 3.68. The firm has a market capitalization of C$5.28 billion and a price-to-earnings 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.
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