Century Aluminum Company (NASDAQ:CENX) traded at a new 52-week high today of $16.78. So far today approximately 208,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Century Aluminum Co produces primary aluminum standard grade and value-added products. The firm operates smelter facilities in the United States and Iceland. The majority of revenue is generated from Glencore, which agreed to purchase nearly all of Century Aluminum’s North American production. Century purchases nearly all of its alumina from Glencore. The company produces high purity aluminum, standard grade aluminum sow and tee bars, and value-added billet and foundry products. Century also owns a carbon anode production facility in the Netherlands.
Based on a current price of $16.06, Century Aluminum Company is currently 14.9% above its average consensus analyst price target of $13.66.
Over the past year, Century Aluminum Company has traded in a range of $2.91 to $16.78 and is now at $16.06, 452% above that low.
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