Orocobre (ASX:ORE) Sets New 52-Week Low at $2.34

Orocobre Limited (ASX:ORE)’s share price hit a new 52-week low during mid-day trading 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. The stock had previously closed at A$2.40 ($1.70).

The firm has a 50 day moving average of A$2.73 and a 200-day moving average of A$3.20. The stock has a market capitalization of $614.94 million and a PE ratio of 34.06. The company has a debt-to-equity ratio of 0.08, a quick ratio of 41.77 and a current ratio of 49.98.

Orocobre Company Profile (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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