Orocobre (ASX:ORE) Reaches New 1-Year Low at $2.34
Orocobre Limited (ASX:ORE) reached a new 52-week low on Wednesday . The stock traded as low as A$2.34 ($1.66) and last traded at A$2.35 ($1.66), with a volume of 281259 shares trading hands. The stock had previously closed at A$2.40 ($1.70).
The firm has a fifty day moving average price of A$2.74 and a two-hundred day moving average price of A$3.20. The stock has a market capitalization of $613.64 million and a P/E ratio of 33.99. The company has a debt-to-equity ratio of 0.08, a quick ratio of 41.77 and a current ratio of 49.98.
About Orocobre (ASX:ORE)
Orocobre Limited engages in the exploration, development, and production of lithium, potash, and boron deposits in Argentina. The company's flagship project is the Salar de Olaroz lithium project located in the Jujuy province of northern Argentina. It also produces minerals, refined products, and boric acid.
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