Orbite Aluminae (OTCMKTS:EORBF) Stock Passes Above 50 Day Moving Average – Here’s Why

Orbite Aluminae Inc. (OTCMKTS:EORBF) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.00 and traded as high as $0.0001. Orbite Aluminae shares last traded at $0.0001, with a volume of 10,000 shares trading hands.

Orbite Aluminae Stock Down 66.7%

About Orbite Aluminae

Orbite Aluminae Inc is a Canadian advanced materials company focused on the development and commercialization of a proprietary refining process for alumina and related specialty products. Headquartered in Montreal, Quebec, the company’s core business revolves around its Chloride Alumina Refining Process (CARP), which converts kaolin clays and other aluminous feedstocks into high-purity alumina, silica and calcium oxide. Orbite’s technology aims to provide an environmentally conscious alternative to traditional alumina extraction methods by minimizing red mud waste and reducing energy consumption.

Incorporated in 2005, Orbite Aluminae has advanced its CARP technology through pilot and demonstration plants located in Cap-Chat, Quebec.