Could Orocobre Ltd Crash Even More? The Stock Had Another Big Decline Today

 Could Orocobre Ltd Crash Even More? The Stock Had Another Big Decline Today

The stock of Orocobre Ltd (TSE:ORL) is a huge mover today! About 25,273 shares traded hands. Orocobre Ltd (TSE:ORL) has risen 43.85% since April 27, 2016 and is uptrending. It has outperformed by 37.92% the S&P500.
The move comes after 8 months negative chart setup for the $959.06 million company. It was reported on Dec, 1 by Barchart.com. We have $4.32 PT which if reached, will make TSE:ORL worth $28.77 million 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: “Why the Orocobre Ltd share price is up 133% in 6 months” published on May 18, 2016, Fool.com.Au published: “Orocobre Limited shares soar as lithium price hype builds” on May 26, 2016. More interesting news about Orocobre Ltd (TSE:ORL) were released by: Fool.com.Au and their article: “Altura Mining Limited & Orocobre Ltd: 2 lithium miners that could go …” published on April 13, 2016 as well as Fool.com.Au‘s news article titled: “Is it time to sell Orocobre Limited and the rest of the lithium producers?” with publication date: September 21, 2016.

Orocobre Limited operates primarily in Argentina in the mining industry. The company has a market cap of $959.06 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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