|Bid||2.0500 x 0|
|Ask||2.0600 x 0|
|Day's Range||2.0500 - 2.1200|
|52 Week Range||2.0500 - 2.6400|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||27.70|
|Earnings Date||Feb 26, 2020|
|Forward Dividend & Yield||0.26 (12.27%)|
|Ex-Dividend Date||Aug 28, 2019|
|1y Target Est||2.09|
Alcoa Corp will need cheaper, more reliable power to keep its Portland smelter in Australia open beyond 2021 when its current supply deal ends, the aluminium major's partner said on Thursday. Alumina Ltd, Alcoa's partner in the Alcoa World Alumina and Chemical joint venture, would have a veto over any decision to shut the plant, its Chief Executive Mike Ferraro said, adding it was too early to predict the smelter's future. "We would ideally like to find a solution," Ferraro told reporters on the sidelines of a mining event in Melbourne.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Alcoa Nederland Holding B.V. New York, September 23, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Alcoa Nederland Holding B.V. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
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Chinese alumina prices have jumped to a five-month high on news that at least two refineries in the province of Shanxi are being shut down pending environmental inspections. Shanghai aluminium prices have risen on concerns about the potential knock-on effect on metal production in China. Alumina is the intermediate product derived from bauxite used to smelt aluminium.
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