VALE-P - Vale S.A.

NYSE - NYSE Delayed Price. Currency in USD
9.66
+0.25 (+2.66%)
At close: 4:02PM EDT
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Previous Close9.41
Open9.38
Bid0.00 x 0
Ask0.00 x 0
Day's Range9.31 - 9.66
52 Week Range5.48 - 11.10
Volume3,408,012
Avg. Volume5,434,586
Market Cap55.8B
Beta2.52
PE Ratio (TTM)13.92
EPS (TTM)0.69
Earnings DateN/A
Forward Dividend & Yield0.00 (0.00%)
Ex-Dividend Date2016-12-02
1y Target Est12.83
Trade prices are not sourced from all markets
  • Reuters14 hours ago

    Brazil's Vale reports record iron ore output in Q3

    Brazil's Vale SA , the world's largest iron ore producer, said on Thursday its production in the third quarter hit a fresh quarterly record, boosted by a ramp-up at its S11D mine. Iron ore output rose 3.3 percent compared with the same period last year to 95.1 million tonnes, the company said, spurred by record quarterly production in Vale's so-called northern system, which includes the Carajas, Serra Leste and S11D mines in the state of Para. The company maintained its forecast that total iron ore output in 2017 would approach the lower end of a range between 360 million and 380 million tonnes.

  • Vale (VALE) Looks Good: Stock Adds 6% in Session
    Zacks4 days ago

    Vale (VALE) Looks Good: Stock Adds 6% in Session

    Vale (VALE) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

  • China Gobbles Amazon Rainforest Ore to Clean Polluted Skies
    Bloomberg9 days ago

    China Gobbles Amazon Rainforest Ore to Clean Polluted Skies

    A bid by China to clean up pollution in its biggest cities and industrial towns is fueling a push to mine resource riches on the other side of the globe in the Amazon rainforest -- one of the most environmentally ...

  • Better Buy: Freeport-McMoRan Inc vs. Vale SA
    Motley Fool28 days ago

    Better Buy: Freeport-McMoRan Inc vs. Vale SA

    Giant miners Freeport-McMoRan and Vale are both facing some troubles, but only one of these miners is close to a solution.

  • Reuters28 days ago

    Fire disrupts Vale Fertilizantes plant in Brazil

    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.

  • Market Realistlast month

    Which Iron Ore Miners Can Offer Valuation Upsides in 2017 and Beyond?

    Vale SA (VALE) has a forward EV-to-EBITDA multiple of 6.1x, reflecting a 10% discount to its past five-year average multiple.

  • Market Realistlast month

    What Factors Are Driving Analysts’ Estimates for Vale SA?

    Vale’s 2Q17 results were not very encouraging for investors, as its earnings dropped sharply from $1.1 billion in 2Q16 to $16.0 million in 2Q17.

  • Market Realistlast month

    What’s the Word on the Wall Street Regarding Vale SA?

    According to the consensus compiled by Thomson Reuters, 48% of the analysts recommend a “hold” for Vale stock compared to 43% recommending a “buy.”

  • TheStreet.comlast month

    Hit the 'Mother Lode' With Vale ADRs

    VALE looks headed to new highs.

  • Reuters2 months ago

    Brazil's Vale redeems $1 bln in debt, announces $750 mln tender offer

    Brazilian miner Vale SA redeemed $1 billion worth of 2019 bonds issued through a subsidiary abroad and announced a tender offer for up to $750 million worth of debt maturing in 2020, according to a securities ...

  • Market Realist2 months ago

    How Iron Ore Miners View Future Iron Ore Prices

    Vale SA (VALE) is expecting iron ore prices to stay in the range of $60–$70 per ton for the rest of the year.

  • Market Realist2 months ago

    BHP Billiton Missed Estimates despite Surge in Earnings

    BHP Billiton (BHP) released its fiscal 2017 results on August 21, 2017. Despite posting a fivefold increase in underlying profits, it missed analysts’ estimate.

  • Brazil to Crack Down on Ships Sold Into `Toxic' Scrap Trade
    Bloomberg2 months ago

    Brazil to Crack Down on Ships Sold Into `Toxic' Scrap Trade

    Brazilian regulators are planning to strengthen rules to prevent exporters such as Petrobras and Vale SA from selling aging ships to buyers who offload the vessels in South Asia’s controversial coastal ...

  • Reuters2 months ago

    Vale works to speed up listing in strictest Brazil market

    SAO PAULO/RIO DE JANEIRO, Aug 14 (Reuters) - B igger-than-expected shareholder backing for Vale SA's stock conversion plan could lead the world's No. 1 iron ore producer to speed up the listing of common shares in Brazil's strictest market to lure a broader investor base. Chief Executive Officer Fabio Schvartsman told investors in a Monday conference call that the conversion plan, which ended last week, was "a success." A total 1.66 billion Vale preferred shares, or 84.4 percent of that class of stock in circulation, joined the plan, topping a minimum 54.09 percent threshold. Chief Financial Officer Luciano Siani said on the call that Vale was not considering cash incentives to buy back stock from investors who did not swap their preferred shares into common ones.

  • Reuters2 months ago

    Vale's Novo Mercado listing could come as early as this year

    Vale SA could list common shares in Brazil's strictest listing market segment as early as this year, depending on how it can convince preferred holdouts to convert their shares, executives said on Monday....

  • Reuters2 months ago

    Vale gauges ways to accelerate listing in strictest chapter

    Bigger-than-expected shareholder support in Vale SA's stock conversion plan is leading the world's No. 1 iron ore producer to accelerate the listing of common shares in Brazil's strictest listing segment, executives said on Monday. Chief Executive Officer Fabio Schvartsman told investors on a conference call that Vale was not considering using cash to buy back stock from investors who failed to swap their preferred shares into common ones. The São Paulo Stock Exchange's Novo Mercado is the bourse's strictest listing chapter.

  • Reuters2 months ago

    Vale investors overwhelmingly join share conversion plan

    Investors in Brazil's Vale SA have overwhelmingly agreed to swap their preferred stock into common shares, handling the world's No. 1 iron ore producer a victory in a plan that will give equal votes to all shareholders and limit government meddling. In a Thursday securities filing, Vale said a total 1.421 billion preferred shares, or the equivalent of over 72 percent of that class of stock in circulation, joined the plan, topping the minimum 54.09 percent threshold set to approve a share conversion plan. The plan puts a limit to the meddling of politicians in Vale - an aspect that weighed on the company's stock during former President Dilma Rousseff's five years in office.

  • Reuters2 months ago

    Vale reaches mininum threshold for voluntary share conversion

    Brazilian miner Vale SA has reached a mininum threshold set for a proposed voluntary share conversion, after about 72 percent of current shareholders agreed to swap their preferred stock into common shares. In a Thursday securities filing, Vale said a total 1.421 billion preferred shares -- which comprise company stock traded in Brazil and the United States -- joined the plan. The company had set a minimum 54.09 percent threshold to approve the share conversion.

  • Reuters2 months ago

    Brazil's Vale sells two large ore carriers for $178 mln

    Brazilian mining company Vale SA on Wednesday said it has sold two ships with a capacity to carry 400,000 tonnes of iron ore each for a total of $178 million. The company said it received the payment on ...

  • Vale Targeted by Extortionist Couple in Iron-Rich Amazon
    Bloomberg2 months ago

    Vale Targeted by Extortionist Couple in Iron-Rich Amazon

    While cyberattack extortion is in vogue the world over, in Brazil’s Amazon region old-school shakedowns are no thing of the past.

  • Vale (VALE) Tops Q2 Earnings Amid Challenging Price Scenario
    Zacks3 months ago

    Vale (VALE) Tops Q2 Earnings Amid Challenging Price Scenario

    Vale S.A. (VALE) reported better-than-expected Q2 results. However, challenging pricing conditions in the mining market hurt results on a sequential basis.

  • The Wall Street Journal3 months ago

    Corporate Discipline at Commodity Firms Fuel Debt Upgrades

    A record value of corporate bonds reached investment grade status over the last 12 months, led by commodity companies pulling out of a market rout. A company’s average score among the three major credit-rating firms must reach investment grade for its debt to shift to Bank of America’s high-grade index, therefore the bonds are typically being upgraded by two ratings firms.

  • Reuters3 months ago

    Miner Vale to look toward copper after 2nd-quarter miss

    Brazilian miner Vale SA said on Thursday it would seek out fresh copper mining options and stop expanding nickel production capacity after second-quarter net income plunged on forex losses, rising costs and weaker iron ore prices. The world's largest iron ore miner kept making slow progress on cutting net debt, which slipped 3 percent in the three months through June to $22.12 billion - still a far cry from a target of $15 billion to $17 billion by year-end. Fabio Schvartsman, who took over as CEO in May, said the company was aiming for $15 billion in net debt in 2018, adding that a company reliant on volatile commodity prices should ideally not be carrying debt at all.

  • Reuters3 months ago

    EMERGING MARKETS-Mexican stocks hit record high, Brazil stocks lifted by commodities

    Mexico's stock market hit a fresh record high on Tuesday, boosted by expectations of good earnings, while Brazil's stocks hit a one-month high as commodity price gains lifted shares of local blue-chips ...

  • Reuters3 months ago

    EMERGING MARKETS-Brazil stocks hit one-month high on commodities boost

    Brazilian stocks hit a one-month high on Tuesday as commodity price gains boosted shares of local blue-chips Vale SA and Petróleo Brasileiro SA. China-listed iron ore futures snapped a three-day losing ...