Equities research analysts at First Global initiated coverage on shares of Aluminum Corporation of China ADR Rep 25 Ord Shs Class H (NYSE: ACH) in a research note issued to investors on Tuesday. They set an “underperform” rating on the stock.

Aluminum Corporation of China Limited (Chalco) is an aluminum producer with operations in bauxite mining, alumina refining, primary aluminum smelting and aluminum fabrication. It also provides ancillary products and services derived from or related to its aluminum operations. In addition, it also produces and sells alumina chemical products (alumina hydrate and alumina-based industrial chemical products), carbon products (carbon anodes and cathodes) and gallium. The Company’s three principal products include alumina, primary aluminum and aluminum fabrication products. During the year ended December 31, 2009, alumina, primary aluminum and aluminum fabrication segments accounted for approximately 15.9%, 66% and 12.8%, respectively, of its total revenue. The Company’s immediate and ultimate holding company is Aluminum Corporation of China (Chinalco). On October 29, 2009, Chalco acquired three companies and a limestone mining business from two subsidiaries of Chinalco.

Shares of Aluminum Corporation of China ADR Rep 25 Ord Shs Class H opened at 11.21 on Tuesday. Aluminum Corporation of China ADR Rep 25 Ord Shs Class H has a 52 week low of $10.34 and a 52 week high of $25.88. The stock’s 50-day moving average is $12.03 and its 200-day moving average is $15.61. The company has a market cap of $5.925 billion and a price-to-earnings ratio of 29.89.