Metal stocks have been on a roll off late after the rall in commodities particularly in aluminum prices. Alcoa has been one of the biggest beneficiaries of the same as the company managed to deliver yet another all-around beat. It delivered its highest-ever quarterly net income of $337 million for Q3 result, driven by 10% sequential growth in revenue given the sharp spike in aluminum and alumina prices. The company is one of the largest alumina producers in the world today and with the recent pr ....

02 Nov 2021
Alcoa Corp - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 11/02

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Alcoa Corp - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 11/02
Metal stocks have been on a roll off late after the rall in commodities particularly in aluminum prices. Alcoa has been one of the biggest beneficiaries of the same as the company managed to deliver yet another all-around beat. It delivered its highest-ever quarterly net income of $337 million for Q3 result, driven by 10% sequential growth in revenue given the sharp spike in aluminum and alumina prices. The company is one of the largest alumina producers in the world today and with the recent pr ....