Zacks Research upgraded shares of Orica (OTCMKTS:OCLDY – Free Report) to a hold rating in a research report sent to investors on Thursday morning,Zacks.com reports.
Orica Stock Performance
OCLDY opened at $14.53 on Thursday. The stock has a fifty day moving average of $14.10 and a 200-day moving average of $15.68. Orica has a 12-month low of $9.32 and a 12-month high of $19.00.
Orica Company Profile
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.
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