Previous Close | 7.01 |
Open | 0.00 |
Bid | 6.92 x 0 |
Ask | 6.95 x 0 |
Day's Range | 0.00 - 0.00 |
52 Week Range | |
Volume | |
Avg. Volume | 9,504,693 |
Market Cap | 4.09B |
Beta (5Y Monthly) | 0.74 |
PE Ratio (TTM) | 11.24 |
EPS (TTM) | 0.62 |
Earnings Date | May 07, 2024 - May 13, 2024 |
Forward Dividend & Yield | 0.55 (7.90%) |
Ex-Dividend Date | Aug 15, 2023 |
1y Target Est | 11.83 |
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Minerva Foods (Minerva S.A – B3: BEEF3 | OTC – Nasdaq International: MRVSY), a leader in the export of fresh beef and its derivatives in South America, and which also operates in the processed beef segment, reports its earnings for the third quarter of 2023. The following financial and operational information is presented in BRGAAP, in Reals (BRL), according to International Financial Reporting Standards.
Minerva Foods (Minerva SA – B3: BEEF3 | OTC – Nasdaq International: MRVSY), a leader in exports of fresh beef and its derivatives in South America, announces the acquisition of Marfrig's cattle slaughtering and deboning plants in South America Sul for BRL 7.5 billion. The transaction is subject to analysis and approval by the respective competition authorities.
The Chinese government has asked Brazil to reduce a list of meat plants seeking authorization to export to the Asian country, a step that could help Beijing expedite the approval process, Carlos Fávaro, Brazilian agriculture minister, said on Thursday. China was the top destination for Brazilian poultry and pork exports in the first seven months of the year and also Brazil's biggest beef products buyer in the first half, according to data from industry groups ABPA and ABIEC.