Orocobre Ltd (ASX: ORE) Share Price and News

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Orocobre Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $2.93 billion
P/E Ratio 33.78
Dividend Yield N/A
Shares Outstanding 344.36 million
Earnings per share -0.256
Dividend per share N/A
Year To Date Return 85.91%
Earnings Yield 2.96%
Franking N/A
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as at 24 Feb 3:44pm

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Orocobre Ltd (ASX: ORE)
Latest News

ORE ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Orocobre Ltd

Orocobre Limited (ASX:ORE) is an Australian mineral resources company based in Brisbane. It is a global supplier of lithium carbonate and boron with resources predominantly located in Argentina.

In a partnership arrangement with the trading arm of Toyota, Orocobre constructed the first commercial, brine-based lithium operation in approximately 20 years. The company produces and sells lithium to a variety of industrial and technical sectors. According to Orocobre, it is one the biggest and lowest cost lithium producers in the world.

The company is also in the process of constructing a large-scale lithium hydroxide plant in Japan, the first of its kind for the country. Orocobre believes the new facility will enable it to drive margin growth through the conversion of lithium carbonate to lithium hydroxide suitable for battery use.

Orocobre floated on the ASX in 2007 and also listed on the Toronto Stock Exchange in 2010. As is common with many mining and minerals companies on the ASX, the Orocobre share price has seen a mixed performance since listing. The Orocobre share price reached highs of around $7 in December 2017 but since then has been largely trending down, falling as low as $1.82 in May 2020.

ORE Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
03 Aug 2021 $8.45 $0.14 1.68% 2,508,203 $8.42 $8.59 $8.32
02 Aug 2021 $8.31 $0.06 0.73% 2,313,949 $8.45 $8.51 $8.19
30 Jul 2021 $8.25 $0.27 3.38% 3,841,635 $8.37 $8.55 $8.20
29 Jul 2021 $7.98 $0.25 3.23% 1,742,683 $7.78 $8.01 $7.76
28 Jul 2021 $7.73 $-0.15 -1.90% 2,153,323 $7.73 $7.78 $7.60
27 Jul 2021 $7.88 $0.04 0.51% 2,864,459 $8.00 $8.20 $7.83
26 Jul 2021 $7.84 $0.15 1.95% 2,236,098 $7.67 $7.87 $7.55
23 Jul 2021 $7.69 $0.04 0.52% 2,400,488 $7.63 $7.75 $7.47
22 Jul 2021 $7.65 $0.69 9.91% 4,765,328 $7.23 $7.84 $7.20
21 Jul 2021 $6.96 $0.23 3.42% 1,875,800 $6.91 $7.03 $6.89
20 Jul 2021 $6.73 $-0.19 -2.75% 2,141,895 $6.72 $6.96 $6.65
19 Jul 2021 $6.92 $-0.36 -4.95% 2,745,589 $7.10 $7.12 $6.92
16 Jul 2021 $7.28 $-0.03 -0.41% 1,873,073 $7.30 $7.33 $7.10
15 Jul 2021 $7.31 $0.05 0.69% 1,640,385 $7.26 $7.40 $7.20
14 Jul 2021 $7.26 $0.15 2.11% 3,413,860 $7.15 $7.48 $7.15
13 Jul 2021 $7.11 $0.35 5.18% 4,839,200 $6.91 $7.16 $6.90
12 Jul 2021 $6.76 $0.16 2.42% 2,314,638 $6.76 $6.87 $6.70
09 Jul 2021 $6.60 $-0.15 -2.22% 1,748,369 $6.60 $6.64 $6.48
08 Jul 2021 $6.75 $0.15 2.27% 1,886,939 $6.68 $6.83 $6.63
07 Jul 2021 $6.60 $0.06 0.92% 2,155,482 $6.50 $6.63 $6.42
06 Jul 2021 $6.54 $-0.34 -4.94% 2,331,833 $6.90 $7.01 $6.51

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
01 Jul 2021 Martin de Solay Exercise 38 $245,415
Conversion of securities. 588,986 - performance rights
01 Jul 2021 Martin de Solay Issued 38 $245,415
Conversion of securities.
12 Mar 2021 Martin de Solay Issued 228 $1,090,655
Issue of securities. 354,281 - performance rights
As per announcement on 12/03/2021.
09 Mar 2021 Martin de Solay Issued 114 $498,144
Conversion of securities. As per announcement on 12/03/2021.
There is no transaction reported for conversion of rights.
31 Dec 2020 Richard Seville Sell 208 $939,080
On-market trade.
21 Dec 2020 Martin de Solay Issued 38 $165,769
Issue of securities. 125,632 - Performance Rights
As per announcement on 21/12/2020.
01 Oct 2020 Robert Hubbard Buy 11 $30,000
Participation in share purchase plan.
01 Oct 2020 Leanne Heywood Buy 5 $15,000
Participation in share purchase plan.
02 Sep 2020 Frederico (Freddy) Nicholson Buy 30 $79,800
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Robert Hubbard Non-Executive DirectorNon-Executive Chairman Nov 2012
Mr Hubbard is also a Non-Executive Director of Bendigo and Adelaide Bank Limited and Chairman of Healius Limited. Robert was a partner at PricewaterhouseCoopers for over 20 years until 2013. During his time as a PwC partner, he served as auditor and adviser for some of resource companies with activities throughout Australia, Papua New Guinea, West Africa and South America. Robert is Chair of the Related Party Committee and a member of the People and Governance Committee. He is also a member of the Sustainability committee.
Mr Richard Phillip Seville Non-Executive Director Apr 2007
Mr Seville has 25 years as either Managing Director or Executive Director of various ASX, TSX or AIM listed companies. After 12 years as Managing Director of Orocobre, Richard took a position as a Non-Executive Director. Richard is Chair of the Sustainability Committee and a member of the Related Party Committee.
Ms Leanne Heywood Non-Executive Director Sep 2016
Ms Heywood has over 25 years corporate experience in the mining sector, including 10 years with Rio Tinto. Her experience includes strategic marketing, business finance and compliance and she has led organisational restructures, disposals and acquisitions. She is a member of the Related Party Committee and People and Governance Committee.
Mr John Willis Gibson Jnr Non-Executive Director Mar 2010
Mr Gibson has experience in the technology, environmental, and energy sectors with more than 30 years of global energy experience. He currently serves as Chairman and CEO of Flotek Industries (NYSE: FTK). Immediately prior he served as Chairman, Energy Technology for Tudor, Pickering, Holt & Company. John has also held a number of roles as Chief Executive Officer in companies servicing the oil and gas industry. John is a member of the Related Party Committee and the Sustainability Committee.
Mr Fernando Oris de Roa Non-Executive Director Jun 2010
Mr Oris de Roa is Chief Executive of S.A. San Miguel. Fernando was Chief Executive and shareholder of Avex S.A. from 2004 to 2012. Fernando was appointed as Ambassador of Argentina to the United States serving during 2018 and 2019. Fernando is the Chair of the People and Governance Committee and a member of the Related Party Committee.
Mr Masaharu Katayama Non-Executive Director Apr 2018
Mr Katayama's experience includes risk management, resource development and marketing strategy development with exposure to a variety of industries throughout India, Canada, Morocco, France, Vietnam and Japan.
Mr Martin Perez de Solay Chief Executive OfficerManaging Director Jan 2019
Mr de Solay has a career spanning engineering, operational improvement, banking, finance and executive management. Prior to joining Orocobre Limited, Martin was the President and CEO of Petroleos Sudamericanos, an oil and gas producer operating in Argentina and Colombia. Prior to 2011, Martin was CFO and Head of Corporate Development of GeoPark and spent a decade in the institutional, corporate and restructuring activities of Citigroup.
Ms Patricia Martinez Non-Executive Director Dec 2020
Ms Martinez is an executive with over 20-years' experience in the Energy and Oil services sectors, industries that bear similarities to the lithium production industry. Since joining Enerflex as President, Latin America in July 2014, Ms Martinez has been responsible for managing the Company's Latin America business. She is also the Member of Company's executive leadership team and has applied a strategic focus and industry experience to develop opportunities across Latin America. Prior to joining Enerflex, Ms Martinez was the Senior Vice President of International Contract Services for Axip Energy Services, LP, where she managed the management and growth of Axip's international business, which included operations in Latin America, Southeast Asia, and the Middle East. Prior to gaining that role, Ms Martinez was Vice President of Latin America and Director of International Ventures for Valerus Compression Services, Axip's predecessor company. Before joining Valerus in 2007, she held several positions in sales and marketing with Shell U.S. and Conoco Argentina. She is a board Member of the Instituto Argentino del Petroleo y Gas - Houston (IAPGH) and a Member of the Young Presidents Organization (YPO).
Mr Richard (Rick) Stacy Anthon General CounselJoint Company Secretary Mar 2015
-
Mr Neil Kaplan Chief Financial OfficerJoint Company Secretary Jan 2013
-
Neil Kaplan Chief Financial OfficerJoint Company Secretary
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Richard (Rick) Stacy Anthon General CounselJoint Company Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
J P Morgan Nominees Australia Pty Limited 75,556,275 27.27%
Toyota Tsusho Corporation 39,296,636 14.18%
HSBC Custody Nominees (Australia) Limited 34,383,756 12.41%
Canadian Register Control 20,605,395 7.44%
Citicorp Nominees Pty Limited 12,246,968 4.42%
National Nominees Limited 6,100,059 2.20%
Lithium Investors Llc 4,555,772 1.64%
BNP Paribas Nominees Pty Ltd 4,310,055 1.56%
BNP Paribas Noms (Nz) Ltd 3,633,231 1.31%
Mr Denis Grenville Hinton & Mrs Roslyn Susanna Hinton 3,042,281 1.10%
BNP Paribas Noms Pty Ltd 2,601,124 0.94%
Merrill Lynch (Australia) Nominees Pty Limited 1,731,278 0.62%
Fairground Pty Ltd 1,612,227 0.58%
Mr Robert Bruce Woodland & Mrs Erika Woodland 1,525,500 0.55%
BNP Paribas Nominees Pty Ltd (I) 1,088,910 0.39%
Nambia Pty Ltd 756,170 0.27%
HSBC Custody Nominees (Australia) Limited (I) 695,197 0.25%
Mr Denis Grenville Hinton & Mrs Roslyn Susanna Hinton (I) 649,006 0.23%
Citicorp Nominees Pty Limited (I) 643,109 0.23%
HSBC Custody Nominees (Australia) Limited Gsco Eca 570,128 0.21%

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