AWC.AX Alumina Limited A$1.45 -1.7% 21 Jan 2026: Market closed, 3.9% upside
We closed the ASX session with AWC.AX stock at A$1.45 on 21 Jan 2026, down 1.69% on heavy volume of 206,210,866 shares. The stock traded between A$1.45 and A$1.50 today before the market closed and remains the most active name in our Basic Materials watchlist. We track key metrics for Alumina Limited (AWC.AX, ASX, Australia) including EPS -0.08, P/E -18.13, and a market cap near A$4.21b to link trading moves to fundamentals and sector trends.
Trading activity and liquidity for AWC.AX stock
AWC.AX was the most active ASX trade by volume, with 206,210,866 shares changing hands versus an average of 10,489,286. The relative volume spike to 19.66x shows significant intraday interest, likely driven by repositioning ahead of metals demand updates. We note the 50-day average price A$1.71 sits above the close, while the 200-day average A$1.25 remains a longer-term support reference.
Price action, range and short-term AWC.AX outlook
The stock closed at A$1.45 after opening at A$1.47, with a day high of A$1.50 and day low of A$1.45. Short-term momentum has been mixed: year-to-date gain is 55.91%, while three-month performance is down 20.77%. Traders should watch the near-term pivot at A$1.50 and the 200-day average at A$1.25 for signs of trend continuation or mean-reversion.
AWC.AX fundamentals and valuation snapshot
Alumina Limited (AWC.AX, ASX, Australia) reports EPS -0.08 and a negative P/E of -18.13, reflecting recent losses at the operating level. Book value per share is A$0.72 and price-to-book is 2.00, while net debt to EBITDA sits near 2.31x. These metrics show a leveraged earnings profile but solid tangible equity backing. The absence of a dividend and negative ROE -10.31% increase focus on cash flow recovery.
Sector context and AWC.AX stock performance versus peers
AWC.AX sits in the Basic Materials sector, where commodity cyclicality drives volatility. The materials sector has outperformed the ASX broadly this year, and alumina demand remains sensitive to aluminium prices and smelter utilisation. Compared with major miners, Alumina’s refinery and smelter exposure gives it a more direct correlation to aluminium markets and shipping costs for export volumes.
Meyka AI grade and technical analysis for AWC.AX
Meyka AI rates AWC.AX with a score out of 100 at 59.14 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technicals show the 50-day average A$1.71 above the close, indicating short-term resistance, while the 200-day average A$1.25 offers structural support.
Meyka AI forecast model and price targets for AWC.AX
Meyka AI’s forecast model projects A$1.51 in one year, A$1.67 in three years, and A$1.82 in five years. Versus today’s A$1.45, that implies upside of 3.85%, 15.17%, and 25.52% respectively. We set a near-term price target range of A$1.45–A$1.60 and a 12-month base case of A$1.60, with a bull case to A$1.90 tied to stronger alumina pricing and higher smelter utilisation. Forecasts are model-based projections and not guarantees.
Final Thoughts
AWC.AX stock closed the most active ASX session on 21 Jan 2026 at A$1.45, trading heavy volume of 206,210,866 shares as investors repositioned. Fundamentals remain mixed with EPS -0.08, P/E -18.13, price-to-book 2.00, and tangible book value A$0.72, which supports the company despite cyclical earnings. Meyka AI rates AWC.AX 59.14 (C+) and our model projects A$1.51 in one year, implying +3.85% from the close; three- and five-year projections imply higher upside if commodity conditions improve. Given the large intraday volume and a 50-day average above the price, the short-term trade setup is volatile but offers tactical entry points between A$1.25 and A$1.60. Remember these are data-driven views from an AI-powered market analysis platform and not personalised financial advice. Investors should weigh sector risk, aluminium price sensitivity, and balance-sheet metrics when planning positions in AWC.AX.
FAQs
What drove the heavy trading in AWC.AX stock today?
Heavy trading came from repositioning ahead of metals data and smelter reports, pushing volume to 206,210,866. The stock traded between A$1.45 and A$1.50, drawing short-term momentum traders and institutional flows.
What is Meyka AI’s near-term forecast for AWC.AX stock?
Meyka AI’s forecast model projects A$1.51 in one year for AWC.AX stock, implying a 3.85% upside from the A$1.45 close. Forecasts are model-based and not guarantees.
Is AWC.AX stock a buy based on current metrics?
Meyka AI assigns AWC.AX a C+ (59.14) and suggests HOLD, reflecting mixed fundamentals, negative EPS, and sector cyclicality. Consider risk tolerance and aluminium market outlook before buying.
Which levels matter for AWC.AX trading?
Key levels are the day pivot A$1.50 as resistance and the 200-day average A$1.25 as support. A clear move beyond A$1.60 would improve the near-term outlook.
Where can I find official company updates for AWC.AX?
Official updates are published on the Alumina Limited website and company filings; see the company site for releases and investor materials Alumina Limited site.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
