Alumina Limited (OTCMKTS:AWCMY) has been assigned an average recommendation of “Hold” from the five research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and four have issued a hold recommendation on the company.
A number of equities research analysts have recently issued reports on the stock. Citigroup restated a “neutral” rating on shares of Alumina in a report on Thursday, June 27th. Goldman Sachs Group lowered shares of Alumina from a “buy” rating to a “neutral” rating in a report on Thursday. Finally, JPMorgan Chase & Co. lowered shares of Alumina from a “neutral” rating to an “underweight” rating in a report on Friday.
Shares of AWCMY stock remained flat at $$6.15 during trading hours on Thursday. 4,620 shares of the stock were exchanged, compared to its average volume of 23,695. Alumina has a twelve month low of $5.69 and a twelve month high of $7.99. The firm has a fifty day moving average of $6.23 and a two-hundred day moving average of $6.47.
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.
Further Reading: Initial Coin Offerings entail a high degree of risk
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