"Despite rising explosives demand, earnings are under pressure from margin compression because the Ammonium Nitrate (AN, the key ingredient in ORI’s explosives) market is oversupplied globally. In addition, mining customers are cutting costs in the low commodity price environment. " (Valuation of $12.31.)
http://www.eurekareport.com.au/article/2015/10/26/shares/valuation-changes-magellan-woodside-down
"Despite rising explosives demand, earnings are under pressure...
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Last
$17.80 |
Change
-0.160(0.89%) |
Mkt cap ! $8.652B | |||
| Open | High | Low | Value | Volume |
| $17.95 | $17.98 | $17.70 | $14.20M | 797.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7782 | $17.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.82 | 3180 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| ORI (ASX) Chart |