Allkem Limited (OTCMKTS:OROCF – Get Free Report)’s share price shot 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 changed 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 50 day moving average of $6.80 and a 200 day moving average of $6.80. The company has a quick ratio of 2.23, a current ratio of 2.52 and a debt-to-equity ratio of 0.08.
Allkem Company Profile
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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