Alumina Limited (OTCMKTS:AWCMY) Receives Average Rating of “Hold” from Analysts
Shares of Alumina Limited (OTCMKTS:AWCMY) have been given a consensus recommendation of “Hold” by the five ratings firms that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.
A number of analysts have recently weighed in on AWCMY shares. Goldman Sachs Group lowered Alumina from a “conviction-buy” rating to a “buy” rating in a research note on Thursday, July 4th. UBS Group raised Alumina from a “sell” rating to a “neutral” rating in a research note on Thursday, May 9th. Finally, Citigroup reissued a “neutral” rating on shares of Alumina in a research note on Thursday, June 27th.
Shares of OTCMKTS:AWCMY traded up $0.07 during trading on Friday, reaching $5.84. 9,902 shares of the company traded hands, compared to its average volume of 17,009. Alumina has a 52-week low of $5.77 and a 52-week high of $8.75. The business’s fifty day moving average is $6.30 and its 200-day moving average is $6.76.
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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