Alumina's first-half earnings were down year on year due to weak alumina pricing, reports UBS. The first half result was 26% ahead of UBS estimate, driven by higher alumina sales. An interim...
First half underlying net profit was ahead of expectations. Spot alumina has risen to US$290/t on the back of recent disruptions at Alunorte. Credit Suisse believes there is a firm base under the ...
Following the first half result Morgan Stanley increases the target to $2.05 from $2.00. The company paid a strong dividend of 2.8c. Alumina Ltd now expects the global alumina market to move ...
Alumina's underlying profit beat the broker by 20%, and AWAC joint venture profits by 18%. The dividend was in line. While any change to production guidance is negligible, capex guidance has been...
AWC Price at posting:
$1.65 Sentiment: Hold Disclosure: Held
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