Century Aluminum Co.

Century Aluminum is a holding company. Through its subsidiaries, the company produces primary aluminum and operates aluminum reduction facilities in the U.S. and Iceland. The company's principal subsidiaries are: Century Kentucky, Inc., which operates a primary aluminum reduction facility in Hawesville, KY; Nordural ehf, which operates a primary aluminum reduction facility in Grundartangi, Iceland; Century Aluminum Sebree LLC, which operates a primary aluminum reduction facility in Robards, KY; Century Aluminum of South Carolina, which operates a primary aluminum reduction facility in Goose Creek, SC; and Nordural Helguvik ehf, which owns a greenfield primary aluminum project in Helguvik, Iceland.
  • TickerCENX
  • ISINUS1564311082
  • ExchangeNASDAQ Stock Market
  • SectorIndustrial Metals & Mining
  • CountryUnited States

Century Aluminum Company: Update to credit considerations following the upgrade to B3

Our view of Century Aluminum's strengthening credit profile that will benefit from the improved aluminum market fundamentals and the new Mt. Holly power contract

Moody's upgrades Century Aluminum's CFR to B3; assigns Caa1 rating to the proposed senior secured notes notes

Rating Action: Moody's upgrades Century Aluminum's CFR to B3; assigns Caa1 rating to the proposed senior secured notes notes. Global Credit Research- 05 Apr 2021. New York, April 05, 2021-- Moody's Investors Service, assigned a Caa1 rating to Century Aluminum Company's new $250 million senior secured notes due 2028. Moody's also upgraded Century's Corporate Family Rating to B3 from Caa1 and the Probability of Default Rating to B3-PD from Caa1-PD.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Dave Nicoski ...
  • John Betz

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts. For a trial to Vermilion Research visit our website at www.vermilioncap.com or contact our sales team at (952) 922-7500.

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Testing Key Resistance; Downgrading Health Care Throughout this recent consolidation phase we have maintained our belief that ongoing positive market dynamics tell us the pullback is likely to be contained and therefore should be viewed as a buying opportunity -- this remains our core belief. Now, the S&P 500, Nasdaq 100 (QQQ), and Russell 2000 (IWM) have all rallied to logical resistance; if they are able to break above and stay above their respective resistance levels it would signal the end of the current consolidation phase. · S&P 500, Nasdaq 100, Russell 2000. Thus far, any down...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

More Room To Run; Downgrading Utilities Ongoing bullish market dynamics and an absence of breakdowns for major indexes and Sectors continue to support our bullish outlook. As we explain below, new risk-on signals coming from emerging market equities, commodities, and Treasuries continue to be of the bullish variety. We believe this suggests equities have plenty of room to run higher; buy dips. · S&P 500, Nasdaq 100, Russell 2000. Key support levels we are watching on the S&P 500 include short-term support at 3770, with the next important support levels coming in at the uptrend (~3730...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Market Too Good To Be True? Our outlook remains bullish and we continue to recommend adding exposure on pullbacks. At the moment it is difficult to point to any problems in the market aside from increasingly bullish sentiment from market participants and the worry that things are getting overheated and over-extended. Of course, at some point this almost too good to be true scenario is likely to result in a 7-15% pullback, but for now we see no signs of this rally letting up. Additionally, this goldilocks scenario has only been in effect for a week or two, and it can continue for weeks or mont...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Bullish Outlook Intact Our outlook remains bullish as market dynamics continue to suggest the path of least resistance remains higher for US and foreign equities. Continue to buy dips. · S&P 500. The S&P 500 continues to consolidate/back-and-fill, something we suggested in our 11/10/20 Compass as likely to happen following the ~9% gains in the week surrounding the election which resulted in a bullish reversal. We view recent consolidation following the bullish reversal as healthy as the market collects itself before a likely upside continuation. Short-term support we are watching is ...

Century Aluminum Company: Update to credit considerations following the upgrade to B3

Our view of Century Aluminum's strengthening credit profile that will benefit from the improved aluminum market fundamentals and the new Mt. Holly power contract

Moody's upgrades Century Aluminum's CFR to B3; assigns Caa1 rating to the proposed senior secured notes notes

Rating Action: Moody's upgrades Century Aluminum's CFR to B3; assigns Caa1 rating to the proposed senior secured notes notes. Global Credit Research- 05 Apr 2021. New York, April 05, 2021-- Moody's Investors Service, assigned a Caa1 rating to Century Aluminum Company's new $250 million senior secured notes due 2028. Moody's also upgraded Century's Corporate Family Rating to B3 from Caa1 and the Probability of Default Rating to B3-PD from Caa1-PD.

Century Aluminum Company - December 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Century Aluminum Company - September 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Century Aluminum Company - June 2020 (LTM): Peer Snapshot

Peer Snapshot:  Century Aluminum Company - June 2020 (LTM) 1 September 2020 (in US millions) FYE Dec-18 FYE Dec-19 LTM Jun-20 FYE Dec-18 FYE Dec-19 LTM Jun-20 FYE Dec-18 FYE Dec-19 LTM Jun-20

CENTURY ALUMINUM sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of CENTURY ALUMINUM (US), active in the Aluminium industry. As regards its fundamental valuation, the title now shows 3 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date February 16, 2021, the closing price was USD 13.43 and its target price was estimated at USD 6.78.

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