NYSE:AAMetals and Mining
Is It Too Late To Consider Alcoa (AA) After A 129% One Year Surge?
Investors may be wondering whether Alcoa, at around US$64 a share, still offers value or if most of the opportunity has already been priced in.
The stock is up 13.4% year to date and 128.6% over the past year, even though it has fallen 6.3% over the last week and 3.6% over the past month.
These moves sit against a backdrop of ongoing attention on metals and mining companies, with investors weighing factors such as commodity demand, input costs and capital allocation decisions. Short term...