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Stock analysts at Morgan Stanley upped their target price on shares of Alumina Limited (ASX:AWC) to $1.60 in a report issued on Tuesday. The firm currently has an “overweight” rating on the stock.

Shares of Alumina Limited (ASX:AWC) traded up 1.41% during mid-day trading on Tuesday, hitting A$1.440. The stock had a trading volume of 22,439,760 shares. Alumina Limited has a 1-year low of A$0.935 and a 1-year high of A$1.5375. The stock’s 50-day moving average is A$1.40 and its 200-day moving average is A$1.28. The company’s market cap is A$4.041 billion.

Alumina Limited (ASX:AWC), is an Australia-based company.

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