Orica (OTCMKTS:OCLDY) Trading Up 4.3% – Still a Buy?

Orica Limited (OTCMKTS:OCLDYGet Free Report) traded up 4.3% during mid-day trading on Monday . The company traded as high as $15.19 and last traded at $15.19. 458 shares were traded during trading, a decline of 20% from the average session volume of 572 shares. The stock had previously closed at $14.57.

Orica Price Performance

The stock’s 50 day simple moving average is $17.28 and its two-hundred day simple moving average is $15.60.

Orica Company Profile

(Get Free Report)

Orica Limited is a leading global provider of commercial explosives and blasting systems to the mining, quarrying and construction industries. Headquartered in Melbourne, Australia, the company designs, manufactures and distributes a comprehensive range of bulk and packaged explosives, initiating systems, detonators and digital blasting solutions. Its offerings include ground support products, ventilation systems in underground mining and specialty chemicals that support safe and efficient rock fragmentation and material handling.

In addition to explosives, Orica supplies sodium cyanide for gold extraction, bulk emulsions and specialty ammonium nitrate products.

Further Reading

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