Alumina Limited (OTCMKTS:AWCMY) has been given a consensus recommendation of “Buy” by the eight brokerages that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company.
AWCMY has been the subject of a number of analyst reports. Citigroup raised shares of Alumina from a “neutral” rating to a “buy” rating in a research report on Friday, October 2nd. JPMorgan Chase & Co. downgraded shares of Alumina from an “overweight” rating to a “neutral” rating in a report on Tuesday, December 15th.
Shares of AWCMY stock opened at $5.60 on Friday. The stock’s 50-day moving average is $5.32 and its 200 day moving average is $4.61. Alumina has a 1-year low of $3.09 and a 1-year high of $6.52. The company has a market cap of $4.03 billion, a P/E ratio of 18.67 and a beta of 1.12.
About Alumina
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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