VALE - Vale S.A.
| Previous Close | 14.60 |
| Open | 14.57 |
| Bid | 14.31 x 21500 |
| Ask | 14.32 x 1200 |
| Day's Range | 14.23 - 14.74 |
| 52 Week Range | 9.53 - 16.13 |
| Volume | 10,998,452 |
| Avg. Volume | 21,265,826 |
| Market Cap | 74.45B |
| Beta (3Y Monthly) | 1.78 |
| PE Ratio (TTM) | 20.67 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.51 (3.48%) |
| Ex-Dividend Date | 2018-08-03 |
| 1y Target Est | N/A |
Market Realist•yesterdayWhy Iron Ore Stocks Could Struggle to Hold Ground
As we saw in the previous part of this series, iron ore prices have stood their ground despite growing headwinds for China (FXI). As we discussed in the previous part, one of the factors driving iron ore’s resilience is the stocking up by mills ahead of winter production curbs. As restocking completes and winter cuts kick in, the demand for iron ore from China could take a hit.
Market Realist•2 days agoWhat’s Driving Iron Ore Prices despite Weakness Everywhere Else?
Chinese authorities imposed curbs on steel production last year ahead of winter months to reduce pollution. Steel mills are therefore in restocking mode to advance steel production before the curbs kick in. China’s iron ore import data for September also underscored this fact.
- Reuters•5 days ago
Brazil's Vale to buy back up to $1 bln in bonds -statement
Brazil's Vale SA on Friday launched a buy-back offer for bonds worth up to $1 billion, a securities filing from the world's largest iron ore miner showed. The bonds are due between 2022 and 2042 and the ...
- Insider Monkey•6 days ago
Value Investors Are Piling Into This Stock
The elite funds run by legendary investors such as Dan Loeb and David Tepper make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don’t follow. Because of their pay structures, they have strong incentive to do the research necessary […]
Market Realist•14 days agoCan Iron Ore Maintain Its Price Momentum amid China’s Slowdown?
Can Iron Ore Maintain Its Price Momentum amid China's Slowdown? China’s manufacturing growth in October was at its weakest level in over two years. The PMI reading for China was the lowest since July 2016.
- Investor's Business Daily•16 days ago
Brazil Stocks Reverse Despite Investor-Favored Bolsonaro Winning Presidential Election
Brazil stocks reversed lower despite investor-friendly right-wing candidate Jair Bolsonaro winning the country's presidential election over Workers' Party candidate Fernando Haddad.
- TheStreet.com•16 days ago
Brazil Stocks Hit Record High Bolsonaro Sweeps To Power Amid Pro-Business Agenda
Brazilian stocks jumped to the highest level on record Monday following a decisive victory for free-market proponent Jair Bolsonaro in yesterday's Presidential elections that could trigger moves to privatize some of Latin America's biggest companies amid broader economic reforms. Bolsonaro, the first candidate with military experience to lead Brazil since the mid 1980s, has vowed to tackle corruption, crime and 'elitism' in the world's fourth-largest democracy, won 55.2% of Sunday's vote in a run-off against left-wing rival Fernando Haddad. The 64-year old former Army captain has also said he wants broader fiscal reforms in Latin America's biggest economy and will likely appoint the highly-respected Paulo Guedes in the country's top fiance post.
- Reuters•21 days ago
Brazil's Vale misses 3rd qtr income estimate, revenue rises
Brazil's Vale SA , the world's largest iron ore producer, on Wednesday posted $1.408 billion in third-quarter net income, below the 2.23 billion in the year-ago period, and less than analysts' estimate ...
- Zacks•21 days ago
Why Vale (VALE) Might Surprise This Earnings Season
Vale (VALE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- Zacks•22 days ago
Why VALE S.A. (VALE) is Poised to Beat Earnings Estimates Again
VALE S.A. (VALE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- Zacks•22 days ago
VALE (VALE) to Report Q3 Earnings: What's in the Cards?
Record iron-ore production and lower cash costs will likely drive VALE S.A (VALE) third-quarter results.
- Reuters•23 days ago
Brazilian pension fund Previ won't sell Vale shares before yr end -CEO
Brazilian pension fund Previ, one of iron ore miner Vale SA's largest shareholders, will not sell part of its stake before the year ends, its chief executive officer said on Monday. Speaking on the sidelines of a conference in Rio de Janeiro, CEO Jose Mauricio Coelho said the fund intended to reduce its stake in the miner over the medium term. Previ had previously announced plans for the sale without saying when.
Market Realist•23 days agoIs Freeport Cheaper Now Compared to Its 2016 Lows?
In the previous article, we noted that several miners, including BHP Billiton (BHP), Vale (VALE), and Rio Tinto (RIO), have announced share buybacks. While stock prices get all the attention, for mining companies with a significant amount of debt, we should also look at EV (enterprise value). Freeport has an EV of ~$28 billion.
- Market Realist•23 days ago
Companies Play It Safe amid Uncertain Economic Outlook
Earlier this year, Goldman Sachs said US stock buyback authorizations could top $1 trillion this year, which would be the highest absolute level of buybacks since 2007. Recently, Alcoa (AA), the largest US-based aluminum producer, announced a $200 million share buyback. Other metals and mining companies including Vale (VALE) and BHP Billiton (BHP) have also announced share buybacks this year.
- Zacks•23 days ago
Zacks.com featured highlights include: McCormick, Helen of Troy, Vale and Raytheon
Zacks.com featured highlights include: McCormick, Helen of Troy, Vale and Raytheon
- Market Realist•23 days ago
Should Freeport Consider a Share Buyback?
In the previous article, we learned what analysts are projecting for Freeport-McMoRan’s (FCX) third-quarter earnings results. In this article, we’ll look at the key updates the markets might be expecting on Freeport’s third-quarter earnings call. Grasberg concerns have dominated Freeport’s earnings calls for the last several quarters.
- Bloomberg•24 days ago
The Future of the Car May Be Older Than the Model T
China, where subsidy-toting drivers own a third of the world’s passenger EVs, is doing the most to fuel the boom. The market value of batteries used in electric cars, electric buses and related energy storage should multiply by about 10 times to a potential $500 billion by 2050, according to Sanford C. Bernstein & Co. research. A Bloomberg News analysis of about 80 companies in the lithium-ion battery business shows the technology’s ascent rippling through a global web and boosting providers of raw materials and components—suppliers that, in several cases, predate the 1908 introduction of Ford Motor Co.’s Model T.
- Motley Fool•26 days ago
Is Vale S.A. a Buy?
The mining giant has seen a huge price gain since early 2016. Is it still worth buying?
Bloomberg•28 days agoRising Iron-Ore Prices Seem to Defy Economic Logic
BHP managed the same production boost, with only Rio Tinto losing ground after a death at one of its pits in Australia’s northwest. The mystifying thing about this price action is that it’s confounded by China’s consumption data.
Market Realist•28 days agoAre Mining Companies Bullish on Copper?
Has Freeport-McMoran Stock Finally Bottomed Out? While mining companies have been conservative when it comes to capital expenditures, copper has been a different story. Diversified miners such as BHP Billiton (BHP), Rio Tinto (RIO), and Vale (VALE) have looked open to organic as well as inorganic growth opportunities in copper.
Market Realist•28 days agoHow the Markets Are Valuing Freeport-McMoRan
As we noted previously in this series, copper miners such as Southern Copper (SCCO), Rio Tinto (RIO), and First Quantum Minerals (FM) have been subdued this year amid lower copper prices. In a Bloomberg interview, Freeport-McMoRan’s (FCX) CEO, Richard Adkerson, noted that “any strategic move is now possible, including acquisitions, partnerships, or even a sale of the entire company.”
Market Realist•29 days agoCould Strong Physical Demand Support Copper Miners?
Has Freeport-McMoran Stock Finally Bottomed Out? Copper prices, like other commodities (XME), are impacted by the underlying supply-demand dynamics in the medium to long term. Copper miners such as Freeport-McMoRan (FCX) have noted that despite the trade war tensions, Chinese copper demand has been resilient this year.
Market Realist•29 days agoIs There a Disconnect between Copper Prices and Fundamentals?
As we noted in the previous article, copper prices have sagged this year. Resilient mined copper supply and the US-China trade war have taken a toll on copper prices. The global growth outlook has also become murky amid the US-China trade tensions.
- Reuters•29 days ago
Brazil's Vale to wait for major price rebound before investing in nickel - CEO
Major Brazilian mining company Vale SA will only make new investments in nickel if global prices for the metal rise from their current price below $13,000 per tonne to around $20,000 per tonne, the firm's ...
- Zacks•last month
Is VALE (VALE) Stock Outpacing Its Basic Materials Peers This Year?
Is (VALE) Outperforming Other Basic Materials Stocks This Year?
