Allkem (OTCMKTS:OROCF) Shares Up 1.5% – Here’s Why

Allkem Limited (OTCMKTS:OROCFGet Free Report) shares traded up 1.5% during mid-day trading on Friday . The stock traded as high as $6.80 and last traded at $6.80. 1,900 shares traded hands during trading, a decline of 87% from the average session volume of 14,560 shares. The stock had previously closed at $6.70.

Allkem Price Performance

The company has a current ratio of 2.52, a quick ratio of 2.23 and a debt-to-equity ratio of 0.08. The business has a fifty day moving average of $6.80 and a 200 day moving average of $6.80.

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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