Century Aluminum shares rose 4.4 per cent to USD 45.89 on August 27, extending a strong 2026 rally, but GuruFocus' GF Value model puts the stock's estimated intrinsic value at just USD 23.25. Century Aluminum Co's stock is moving in two very different directions depending on which metric you look...
The US' push to rebuild its domestic aluminium industry has been underway for years, with tariffs playing a central role in the strategy. But as Washington tries to attract new smelting investment, opposition to a major proposed project in Oklahoma is raising questions about how easily the country...
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Aluminum stocks have been hammered in recent months as a weak outlook for the global economy has weighed on prices. Last month Forbes reported that aluminum prices have fallen below the cost of output for many producers, "creating a scenario in which global production may suffer in the months ahead...
Century Aluminum (NASDAQ:CENX), a company whose shares are moving quickly, is trading 6.3% lower to $9.53. The S&P is currently trading 2.0% lower to 1,230 and the Dow Jones Industrial Average is trading 1.8% lower to 11,966. Potential upside of 23.8% exists for Century Aluminum, based on a current...
More than six years after the V.I. Department of Planning and Natural Resources filed suit against eight industrial companies operating on the southern shore, a portion of the toxic red mud resulting from decades of alumina production will be cleaned up, officials said. The cost of the clean-up is...
Aluminum prices are at a low right now as investors worry about a weak US economy and a possible European recession negatively affecting the global industry. With aluminum being used in many different industries across the market weak aluminum prices could reflect broader economic troubles ahead....
Century Aluminum Co.’s discussions with power providers in Iceland continue at a slow pace, but the company remains hopeful that it will soon resume construction on the first of four 90,000-tonne potlines at its greenfield smelter in Helguvik. "The arbitration proceedings with HS (Orka) have...
Century Aluminium Co reported a net loss for Q3 of $6.6M, compared to a net loss of $16.8M for the year-ago quarter. The latest quarter results were positively impacted by a mark-to-market gain on forward contracts of $4.2M related primarily to aluminium put options. Cost of sales for the quarter...
Century Aluminum Co.’s main priority is to secure a new power agreement for its Mount Holly, S.C., smelter in coming months. This is because the facility cannot continue to operate profitably under the existing contract, the company’s top executive said. "This is a major problem at this plant. We...
Aluminum prices have fallen approximately 10 percent this year amid concerns that the global economic slowdown may cut demand for raw materials. While that number may be alarming, ten percent is the smallest drop among the six industrial metals traded on the London Metal Exchange. Aluminum demand...
One of today's notable stocks on the rise is Century Aluminum (NASDAQ:CENX), up 8.4% to $10.15. The S&P is trading higher by 2.3% to 1,189 and the Dow is trading 2.3% higher to 11,298. Century Aluminum has overhead space with shares priced $10.35, or 29.4% below the average consensus analyst price...
In recent quarters, aluminum demand has been on the upswing. Emerging markets have been a huge source of revenue as populations and economies in China, Brazil and Russia have become richer, leading to higher levels of building. Meanwhile, aluminum has been taking on a bigger role in electronic...
Today, shares of Century Aluminum (NASDAQ:CENX) have fallen below their 10-day MA of $11.18 on a volume of 379K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term. Century Aluminum share prices have moved between a...
Alterra Power Corp. (TSX: AXY) ("Alterra") is pleased to announce that an operating permit has been received for its planned 80 MW expansion of the Reykjanes geothermal power plant in Iceland. The permit formally allows Alterra to install and place into service a new, currently-owned 50 MW turbine,...
Below are the top companies in the Aluminum industry as measured by the potential gains between the current stock price and the projected average analyst target. Noranda Aluminum (NYSE:NOR - Snapshot Report) has a potential upside of 61.4% based on a current price of $10.78 and an average consensus...
Century Aluminum (NASDAQ:CENX) closed Thursday's up-and-down trading session at $11.49. In the past year, the stock has hit a 52-week low of $8.72 and 52-week high of $20.76. Century Aluminum (CENX) stock has been showing support around $10.92 and resistance in the $12.56 range. Technical...
Retired workers from Century Aluminum are hosting "The Reopening of Fort Unity" at the United Steelworkers Local 5668 Hall just south of Ravenswood on Saturday, beginning at noon. Retirees are protesting their loss of health-care benefits they say Century promised them before the plant closed on...
A three-judge federal panel has handed a setback to West Virginia Century Aluminum retirees seeking health-care benefits. The judges on the 4th U.S. Circuit Court of Appeals affirmed a lower court ruling in West Virginia that denied the retirees and their representatives a preliminary injunction...
Aluminum producer Century Aluminum Co. said Thursday that its second-quarter net income jumped as the company shipped more aluminum than it did a year earlier. Revenue climbed 27 percent to $366.3 million from $287.9 million a year earlier. Analysts polled by FactSet were hoping for $365 million.
Global demand for aluminum could climb 12% this year due largely to Chinese industrialization. Growing demand has also led to a 10% uptick in aluminum prices to the benefit of the industry. Aluminum demand also has been strengthened by high copper prices and cost-conscious companies. Aluminum...
