Allkem (OTCMKTS:OROCF) Stock Price Up 1.5% – Time to Buy?

Allkem Limited (OTCMKTS:OROCFGet Free Report)’s share price shot up 1.5% on Thursday . The company traded as high as $6.80 and last traded at $6.80. 1,900 shares were traded during trading, a decline of 87% from the average session volume of 14,560 shares. The stock had previously closed at $6.70.

Allkem Stock Performance

The stock’s fifty day moving average is $6.80 and its two-hundred day moving average is $6.80. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.23 and a current ratio of 2.52.

Allkem Company Profile

(Get Free Report)

Allkem Limited engages in the production and sale of lithium and boron in Argentina. Its flagship project is the Olaroz Lithium Facility located in Jujuy province in northern Argentina. Allkem Limited was incorporated in 2005 and is headquartered in Brisbane, Australia.

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