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Alumina Ltd (AWCMY) [hlAlert]

Rating:
Buy AWC
down 40.09 %

Alumina Ltd (AWC) rated Buy with price target $9 by Davenport

Posted on: Monday,  Aug 16, 2010  1:25 PM ET by Davenport

Davenport rated Buy Alumina Ltd (OTCBB: AWCMY) on 08/16/2010, when the stock price was $6.31. Since
then, Alumina Ltd has lost 40.10% as of 08/27/2015's recent price of $3.78.
If you would have followed this Davenport's recommendation on AWCMY, you would have lost 40.09% of your investment in 1837 days.

Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals (AWAC). Its partner, Alcoa, owns the remaining 60% of AWAC, and is the manager. The Company?s other subsidiaries include Alumina Finance Limited, Alumina Holdings (USA) Inc., Alumina International Holdings Pty. Ltd., Alumina Brazil Holdings Pty Ltd, Alumina (U.S.A.) Inc., Butia Participacoes SA, Westminer Acquisition (U.K.) Limited, Westminer International (U.K.) Limited and Westminer (Investments) B.V. AWAC has a global network of mines, refineries and smelters in Australia, the United States, Guinea, Suriname, Jamaica, Brazil and Spain.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/16/2010 1:25 PM Buy
None
6.31 9.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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