What Next for Orocobre Ltd Stock After Today’s Huge Decline?

 What Next for Orocobre Ltd Stock After Today's Huge Decline?

The stock of Orocobre Ltd (TSE:ORL) is a huge mover today! About 43,530 shares traded hands. Orocobre Ltd (TSE:ORL) has risen 27.67% since April 14, 2016 and is uptrending. It has outperformed by 23.24% the S&P500.
The move comes after 5 months negative chart setup for the $853.29 million company. It was reported on Nov, 18 by Barchart.com. We have $3.56 PT which if reached, will make TSE:ORL worth $68.26M less.

More notable recent Orocobre Ltd (TSE:ORL) news were published by: Fool.com.Au which released: “Up 118%: Is lithium producer Orocobre Limited still a buy?” on July 19, 2016, also Fool.com.Au with their article: “Orocobre Limited shares soar as lithium price hype builds” published on May 26, 2016, Fool.com.Au published: “Why the Orocobre Ltd share price is up 133% in 6 months” on May 18, 2016. More interesting news about Orocobre Ltd (TSE:ORL) were released by: Fool.com.Au and their article: “Is it time to sell Orocobre Limited and the rest of the lithium producers?” published on September 21, 2016 as well as Fool.com.Au‘s news article titled: “Here’s why Orocobre Limited shares have gone gangbusters today” with publication date: October 31, 2016.

Orocobre Limited operates primarily in Argentina in the mining industry. The company has a market cap of $853.29 million. The Firm engages in the production ramp up of its Olaroz Lithium Facility and the operation of Borax Argentina S.A. . It currently has negative earnings. The Company’s divisions include Corporate, the Olaroz project, South American Salars and Borax Argentina.

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