|Bid||5.72 x 47300|
|Ask||5.84 x 2200|
|Day's Range||5.69 - 5.86|
|52 Week Range||2.75 - 7.27|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||10.81|
|Forward Dividend & Yield||0.15 (2.50%)|
|Ex-Dividend Date||May 17, 2021|
|1y Target Est||7.36|
(Bloomberg) -- Iron-ore giant Vale SA is considering the use of remote-controlled trains near a tailings dam that Brazilian authorities say risks collapsing and getting workers buried.It would take around 60 days for Vale to implement the solution, according to a person familiar with the plan, who asked not to be named because they’re not allowed to discuss it in public.“Vale is studying alternatives for the circulation of trains in the region for the flow of its production and that of third par
The steel industry is part of the basic materials sector and consists of companies involved in steel production, mining, and related activities. Although steel historically has been a major U.S. industry, the number of steel mills that produce the metal has declined sharply in the past several decades due to foreign competition. Steel stocks, as represented by the VanEck Vectors Steel ETF (SLX), significantly outperformed the broader market in the past year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.