Shares of Alumina Limited (AWC) hit a new 52-week high on Friday. The stock traded as high as $10.49 during mid-day trading and last traded at $10.47. The stock previously closed at $10.21.
Separately, analysts at JPMorgan Chase & Co. (NYSE: JPM) downgraded shares of Alumina Limited from an “overweight” rating to a “neutral” rating in a research note to investors on Thursday, February 10th. Also, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Alumina Limited in a research note to investors on Monday, January 3rd.
Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals (AWAC). Its partner, Alcoa, owns the remaining 60% of AWAC, and is the manager. The Company’s other subsidiaries include Alumina Finance Limited, Alumina Holdings (USA) Inc., Alumina International Holdings Pty. Ltd., Alumina Brazil Holdings Pty Ltd, Alumina (U.S.A.) Inc., Butia Participacoes SA, Westminer Acquisition (U.K.) Limited, Westminer International (U.K.) Limited and Westminer (Investments) B.V. AWAC conducts bauxite mining operations in Australia, Brazil, Suriname, Jamaica and has an interest in a mine in Guinea.
Shares of Alumina Limited traded up 2.56% during mid-day trading on Friday, hitting $10.471. Alumina Limited has a 52 week low of $4.76 and a 52 week high of $10.49. The stock’s 50-day moving average is $9.57 and its 200-day moving average is $8.87. The company has a market cap of $6.387 billion and a price-to-earnings ratio of 182.32.
Stay on top of analysts' coverage with American Banking & Market News' daily email newsletter that provides a concise list of analysts’ upgrades, analysts’ downgrades and analysts’ price target changes for each day
豫公网安备41010502003434号