Alumina (AWCMY) Downgraded by Macquarie to Neutral

Alumina (OTCMKTS:AWCMY) was downgraded by equities research analysts at Macquarie from an “outperform” rating to a “neutral” rating in a note issued to investors on Thursday, The Fly reports.

AWCMY has been the subject of a number of other reports. Goldman Sachs Group raised shares of Alumina from a “buy” rating to a “conviction-buy” rating in a report on Monday, January 14th. UBS Group downgraded shares of Alumina from a “neutral” rating to a “sell” rating in a report on Friday, February 22nd.

Shares of AWCMY opened at $6.85 on Thursday. Alumina has a 52-week low of $6.09 and a 52-week high of $8.97.

Alumina Company Profile

Alumina Limited, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, the United States, Guinea, Brazil, and Spain, as well as an interest in a smelter in Victoria Australia; and a bauxite mine and alumina refinery in Saudi Arabia.

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