Alumina (AWC) Shares Recommendation

Merrill Lynch has rated the Alumina (AWC) stock as Buy (for the short term), Medium Risk with the broker noting to take profits over $8.00. Alumina Limited is listed on the Australian Stock Exchange (ASX) under stock code AWC. You can view their investor website here. UBS rated AWC with Buy 2 in May. The company’s principal activity is a joint venture interest in bauxite mining, alumina refining, alumina based chemicals and aluminum smelting via its 40 per cent interest in the series of operating entities of Alcoa World Alumina & Chemicals (AWAC). Check your charts!