|Bid||2.47 x 5191900|
|Ask||2.48 x 3754700|
|Day's Range||2.46 - 2.55|
|52 Week Range||1.66 - 2.60|
|PE Ratio (TTM)||72.94|
|Forward Dividend & Yield||0.08 (4.96%)|
|1y Target Est||N/A|
In this article, we’ll see what the market would like to hear on Alcoa’s 4Q17 earnings call. For metal and mining companies (RIO)(AWC) like Century Aluminum (CENX) and South32 (S32), the macro environment—which includes metal and raw material prices—is equally if not more important than company-specific factors. Speaking of aluminum, we’ve seen that prices are sensitive to China’s demand-supply dynamics.
Alcoa’s (AA) 4Q17 earnings are expected on January 17. Notably, for mining companies, sales are a function of external shipments and commodity prices. Bauxite, alumina, and aluminum are the key commodities that Alcoa sells.
Stocks with market capitalization between $2B and $10B, such as Alumina Limited (ASX:AWC) with a size of A$7.14B, do not attract as much attention from the investing community as doRead More...
One of the factors that boosted industrial metal prices in 2017 was better-than-expected demand from China. Its construction sector was strong in 1H17.
After its split, Alcoa (AA) became a pure-play aluminum producer (S32) (CENX). Like other aluminum producers, Alcoa’s fortunes are tied to metal prices.
Last month, China exported 380,000 metric tons of unwrought aluminum, which is similar to the corresponding month in 2016.
Aluminum was among the best-performing base metals in 1H17. It outperformed several other industrial metals including copper.
In this article I am going to calculate the intrinsic value of Alumina Limited (ASX:AWC) using the discounted cash flows (DCF) model. If you want to learn more about thisRead More...
Alumina Limited (ASX:AWC) is currently trading at a trailing P/E of 54.5x, which is higher than the industry average of 13.9x. Although some investors may jump to the conclusion thatRead More...
Shortages of alumina, the raw material for producing aluminium, may become more severe in the coming months as an environmental crackdown in China is due to shut capacity, forcing smelters to scramble for supplies and pushing up prices. Alumina prices have already shot up 73 percent since May and could see further gains, but they are likely to ease early next year as Chinese refineries resume output again following the winter shutdowns at the same time new operations elsewhere ramp up. China has imposed its most stringent ever measures on heavy industry to cut pollution during the peak winter season, including on aluminium and alumina plants.
(Reuters) - China has ordered 28 northern Chinese cities to take stringent steps to curb industrial output this winter. This includes a requirement for refineries of alumina - the raw material to make ...
Alumina Limited (ASX:AWC) generated a below-average return on equity of 4.65% in the past 12 months, while its industry returned 10.23%. An investor may attribute an inferior ROE to aRead More...
Categories: Yahoo Finance Click here to see latest analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Alumina Ltd.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)
An Australian smelter run by Alcoa Corp will resume production after a major blackout, under a government-sponsored rescue package securing its future for at least four years, with electricity supplied by AGL Energy Ltd. Alcoa said on Friday it will immediately begin work to restart production of the lost capacity, a process that would take around six months, with A$30 million ($23 million) provided by the federal government. Once work is completed, the smelter will be restored to the 85 percent capacity it was operating at prior to December 2016, Alcoa said.