|Bid||6.52 x 500|
|Ask||0.00 x 0|
|Day's Range||9.40 - 9.54|
|52 Week Range||4.57 - 11.10|
|PE Ratio (TTM)||13.62|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Giant miners Freeport-McMoRan and Vale are both facing some troubles, but only one of these miners is close to a solution.
A fire disrupted operations at a Vale Fertilizantes plant in Brazil's southeastern state of Minas Gerais on Thursday, the company said. The fire occurred at a water cooling tower for a plant producing sulfuric acid in its Uberaba facility around noon and was under control within an hour, a spokeswoman said in an emailed statement. Brazilian regulators approved Mosaic's purchase of Vale Fertilizantes in August in a deal that makes miner Vale SA the largest shareholder in the U.S-based firm.
Vale SA (VALE) has a forward EV-to-EBITDA multiple of 6.1x, reflecting a 10% discount to its past five-year average multiple.