Orocobre Limited (TSE:ORL – Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$8.28 and traded as low as C$8.12. Orocobre shares last traded at C$8.28, with a volume of 19,461 shares trading hands.
Orocobre Trading Up 3.6 %
The firm’s 50 day moving average price is C$8.28. The company has a market capitalization of C$5.28 billion and a PE ratio of -36.00. The company has a debt-to-equity ratio of 47.17, a quick ratio of 3.68 and a current ratio of 4.33.
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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