Alumina Limited (AWC) Insider Michael Ferraro Buys 169,268 Shares

Alumina Limited (ASX:AWC) insider Michael Ferraro bought 169,268 shares of the company’s stock in a transaction on Monday, January 7th. The stock was bought at an average cost of A$2.24 ($1.59) per share, for a total transaction of A$379,160.32 ($268,908.03).

Shares of ASX:AWC traded down A$0.01 ($0.01) during midday trading on Friday, reaching A$2.31 ($1.64). 4,244,067 shares of the company’s stock traded hands, compared to its average volume of 12,680,000. Alumina Limited has a one year low of A$1.66 ($1.18) and a one year high of A$2.60 ($1.84). The company has a quick ratio of 23.69, a current ratio of 24.44 and a debt-to-equity ratio of 5.11.

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About Alumina

Alumina Limited, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, the United States, Guinea, Brazil, and Spain, as well as an interest in a smelter in Victoria Australia; and a bauxite mine and alumina refinery in Saudi Arabia.

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