Orica traded at 22.97 this Tuesday May 26th, decreasing 0.12 or 0.52 percent since the previous trading session. Looking back, over the last four weeks, Orica lost 8.30 percent. Over the last 12 months, its price rose by 22.90 percent. Looking ahead, we forecast Orica to be priced at 22.50 by the end of this quarter and at 21.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
Orica Limited is an Australia-based company that provides commercial explosives and blasting systems. The principal activity of the Company is to manufacture and distribute commercial blasting systems, including technical services and solutions, mining and tunneling support systems to the mining and infrastructure markets, and various chemical products and services. The Company's segments include Minova, Orica Monitor, Australia Pacific & Asia, North America, Europe, Middle East & Africa and Latin America. Minova segment provides chemical and mechanical earth control products, adhesives and ground support solutions. The Orica Monitor segment focuses on the manufacture and supply of hardware and software solutions to the mining industry. Its other segments focus on the manufacture and supply of commercial explosives and blasting systems. Its product and services include bulk systems packaged explosives, initiating systems, boosters, automation and many others.