Updated from 9:09 a.m. EST

Century Aluminum

(CENX) - Get Report

, which trades with a forward P/E of 7.5 and EV/EBITDA of 1.6, is now offering a compelling risk/reward scenario to willing investors.

Fewer companies in the commodity space have been hit as hard as Century Aluminum, which is down about 85% since its mid-May high of around $80 or so. Century, whose main business is in the production of smelted aluminum, is principally based in Helguvik, Iceland.

Six-month spot prices for aluminum are down almost 75% from $1.50 per pound in July, to 66 cents per pound currently, and low spot prices mean lower revenue and EBITDA margins.

To read more,

visit Stockpickr.com


Wednesday, Century Aluminum closed the trading day up at $9.72 per share (up 1.89% for the day and 19.26% month-to-date).

Stockpickr is a wholly owned subsidiary of TheStreet.com.