Over 1 Year Ago
0 Min Read

CENX moving up 12% today. Here's what's happening:

Century Aluminum C (CENX) is trading 16% higher at $6.14 today. So far the Materials sector has been having a mildly cheery day, and the share price of the company is rapidly outpacing it's peers. The market is undergoing a significant macro move (2.22%) which could be a factor in the stock's movement.

 - Aluminum stocks recently jumped on reports of a potential Russian ban
 - The company has cheap production in Iceland, partially hedged costs, and long-term contracts with both suppliers and buyers
- Possible bounce after hitting lows

Century Aluminum C has been trading between a 52-week high of $30.36 and a 52-week low of $5.27. The stock has a market cap of $561 Million.

Century Aluminum Company owns primary aluminum capacity in the United States and Iceland. Century's corporate offices are located in Chicago, IL.


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