"Century Aluminum Company has announced its first quarter 2017 results. The company reported a net loss of $15.1 million for Q4 2016 (sic, should be Q1 2017?) in comparison to the net loss of $168.5 million in Q4 2016. Adjusted net loss amounted to $5.0 million compared to an adjusted net loss of $11.5 million for Q4 2016. Results were impacted by a $14.0 million unrealized loss relating to LME forward sales. Sequentially, the results record substantial improvement, though the company continues making losses..." READ MORE
I'm not trading international equities but stumbled across what seems like a re-rate on return to profit while researching.. YMMV
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- CENX Century Aluminium Co. re-rate underway with further legs?
CENX Century Aluminium Co. re-rate underway with further legs?
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Dusko Ljubojevic, MD
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