AWC.AX Alumina Limited ASX at A$1.45 on heavy volume 19 Jan 2026: key outlook
AWC.AX stock closed at A$1.45 on the ASX on 19 Jan 2026, down 1.69% on a surge in turnover. Volume hit 206,210,866 shares, nearly 19.66x the average, making Alumina Limited one of the market’s most active names today. The price move followed mixed macro cues for metals and heavy intraday trading in basic materials. Investors should note the firm’s 40% interest in Alcoa World Alumina and Chemicals and the interplay between aluminium prices and Alumina Limited’s cash flow.
AWC.AX stock today and intraday drivers
Alumina Limited (AWC.AX) ended the session at A$1.45. The stock traded between A$1.45 and A$1.50 today. The large volume of 206,210,866 shares pushed relative volume to 19.66, signalling high retail or block trade activity. This activity coincided with stronger sector flows in Basic Materials, where 1M performance is +14.66%. Price averages show a 50-day at A$1.71 and a 200-day at A$1.25, illustrating short-term weakness inside longer-term support.
Financials and valuation metrics for AWC.AX stock
Alumina’s reported EPS is -A$0.08 and the trailing PE stands at -18.13. Book value per share is A$0.72 and price-to-book is 2.00. Market capitalisation is A$4,207,436,186.00 and shares outstanding total 2,901,680,128. The company shows negative ROE of -10.31% and a current ratio of 1.14. These metrics reflect an asset-heavy structure and cyclical earnings tied to alumina and aluminium prices.
AWC.AX analysis: operations, sector and risks
Alumina Limited holds a 40% interest in Alcoa World Alumina and Chemicals and a 55% stake in the Portland smelter. The business spans bauxite mining and refining across Australia, Guinea, Brazil, Spain and Saudi Arabia. Key sector risks include commodity price swings, energy costs at smelters and geopolitical supply disruptions. Credit metrics are moderate with debt-to-equity near 0.21 and net-debt-to-EBITDA around 2.31.
Trading context and technicals for AWC.AX stock
Technically, AWC.AX is under its 50-day average at A$1.71 but above the 200-day mean at A$1.25. Year range is A$0.69 to A$1.91. The immediate support sits near the 200-day average and the A$1.35–A$1.40 range. Resistance lies at A$1.70 and A$1.90. High volume today suggests short-term volatility and active repositioning by large holders.
Meyka AI grade and forecast for AWC.AX
Meyka AI rates AWC.AX with a score of 59.39 out of 100 — Grade C+, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects A$1.5058 in one year. That implies an upside of about 3.85% from the current A$1.45. Forecasts are model-based projections and not guarantees. For more on the company, see the official site source and the ASX quote page source.
Final Thoughts
AWC.AX stock finished the day at A$1.45 with an outsized volume of 206,210,866 shares on 19 Jan 2026, marking it one of the ASX’s most active issues. Fundamentals show an asset-rich company with negative EPS (-A$0.08) and a PE of -18.13, reflecting last-year losses. The sector backdrop is constructive, with Basic Materials up 14.66% over one month, but operational and commodity risks remain. Meyka AI’s forecast model projects A$1.5058 in 12 months, implying about 3.85% upside from today’s price. Our technical view sees support near A$1.25 and resistance at A$1.70. Price targets to consider: conservative A$1.35, base A$1.60, and bull A$1.90. These estimates combine company metrics, sector momentum and Meyka AI’s model outputs. Forecasts are projections and not guarantees. Use this analysis alongside your portfolio strategy and risk limits.
FAQs
What drove AWC.AX stock to high volume today?
AWC.AX stock saw heavy volume of 206,210,866 shares driven by sector flows into Basic Materials and active repositioning. The relative volume was 19.66, indicating large trades rather than routine retail activity.
What is Meyka AI’s view on AWC.AX stock?
Meyka AI rates AWC.AX 59.39/100 (Grade C+, Suggestion HOLD). The model projects A$1.5058 in one year, an implied upside near 3.85% from A$1.45. Forecasts are model-based and not guarantees.
What are the key valuation metrics for AWC.AX stock?
Key metrics: EPS -A$0.08, PE -18.13, PB 2.00, market cap A$4,207,436,186.00. These show asset backing but recent negative earnings and cyclicality tied to commodity prices.
Where is support and resistance for AWC.AX stock?
Immediate support is around the 200-day average near A$1.25 and the A$1.35–A$1.40 pocket. Resistance sits at A$1.70 and the prior high near A$1.90.
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.
