Century Aluminum Company Hits New 52-Week High at $17.30

Shares of Century Aluminum Company （CENX） hit a new 52-week high on Wednesday. The stock traded as high as $17.30 during mid-day trading and last traded at $17.24. The stock previously closed at $15.45.

On a related note, analysts at Dahlman Rose downgraded shares of Century Aluminum Company from a “buy” rating to a “hold” rating in a research note to investors on Friday, January 14th.

Century Aluminum Company （Century） is engaged in producing aluminum. The primary aluminum capacity includes the facility in Grundartangi, Iceland with capacity of 260,000 metric tons per year （mtpy）, the facility in Hawesville, Kentucky （Hawesville） with capacity of 244,000 mtpy; a facility in Ravenswood, West Virginia （Ravenswood）, currently curtailed, with capacity of 170,000 mtpy; and a 49.7% interest in a facility in Mt. Holly, South Carolina （Mt. Holly）, which provides with capacity of 111,000 mtpy. In addition to the primary aluminum assets, the Company also have a 40% stake in Baise Haohai Carbon Co., Ltd. （BHH）, a carbon anode and cathode facility located in the People’s Republic of China.

Shares of Century Aluminum Company （CENX） traded up 11.59% during mid-day trading on Wednesday, hitting $17.24. Century Aluminum Company has a 52 week low of $8.25 and a 52 week high of $17.14.