VALE - Vale S.A.

NYSE - NYSE Delayed Price. Currency in USD
12.86
-0.28 (-2.13%)
At close: 4:05PM EST

12.86 -0.00 (-0.02%)
After hours: 4:26PM EST

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Previous Close13.14
Open12.93
Bid12.70 x 36100
Ask13.20 x 800
Day's Range12.71 - 13.04
52 Week Range10.64 - 16.13
Volume22,132,986
Avg. Volume22,519,953
Market Cap66.989B
Beta (3Y Monthly)1.64
PE Ratio (TTM)18.50
EPS (TTM)0.69
Earnings DateN/A
Forward Dividend & Yield0.51 (3.87%)
Ex-Dividend Date2018-08-03
1y Target Est17.25
Trade prices are not sourced from all markets
  • Opening Bell, December 4, 2018
    CNBC Videos6 days ago

    Opening Bell, December 4, 2018

    Ringing today's opening bells are Vale S.A. with CEO Fabio Schvartsman at the NYSE and BNP Paribas with CEO Bob Hawley at the Nasdaq.

  • Today's Bell Ringer, December 4, 2018
    CNBC Videos6 days ago

    Today's Bell Ringer, December 4, 2018

    Today's bell ringers are Vale S.A. with CEO Fabio Schvartsman at the NYSE and BNP Paribas with CEO Bob Hawley at the Nasdaq.

  • Chinese Copper Imports Fell: Not a Reason to Panic Yet
    Market Realist4 hours ago

    Chinese Copper Imports Fell: Not a Reason to Panic Yet

    In the previous articles, we discussed China’s steel and aluminum exports. While China (FXI) accounts for the bulk of global steel and aluminum capacity, it lacks in copper deposits and is the largest copper importer. China imported 423,000 metric tons of unwrought copper last month, a YoY fall of 3.0%.

  • Vale Has Delivered on Deleveraging Plan: What’s Next?
    Market Realist6 hours ago

    Vale Has Delivered on Deleveraging Plan: What’s Next?

    At Vale Day in December 2017, Vale (VALE) had committed to reducing its net debt to $10 billion from $21 billion. While it was at that time seen as quite an ambitious target by analysts, Vale has achieved its aim. During Q3 2018 results, Vale reported that its net debt totaled $10.7 billion, which is the lowest level since Q3 2009.

  • Vale Is Getting Ready for the Electric Vehicle Revolution
    Market Realist8 hours ago

    Vale Is Getting Ready for the Electric Vehicle Revolution

    On Vale Day on December 4, 2018, Vale (VALE) said it is getting ready for the coming electric vehicle revolution. Previously, the company had cut back on its volumes in base metals to better align production with market conditions. Nickel, cobalt, and lithium are used in rechargeable batteries in electric vehicles.

  • How Does Vale Plan to Unlock Value in Coal?
    Market Realist9 hours ago

    How Does Vale Plan to Unlock Value in Coal?

    For 2018, Vale is guiding for 12 million tons of coal production, which implies flat growth year-over-year. Building a buffer: Vale is building a buffer stockpile to increase availability. Most coal companies (KOL) including Peabody Energy (BTU), Westmoreland Coal (WLB), and Alliance Resource Partners (ARLP) are facing challenges due to falling coal demand.

  • What Is Vale’s Iron Ore Price Outlook?
    Market Realist3 days ago

    What Is Vale’s Iron Ore Price Outlook?

    Vale’s (VALE) CEO mentioned during Vale Day that the recent weakness in iron ore prices was expected due to the start of the winter season in China. Also, steel capacity cuts in China are lower this year as compared to last year, while steel mills are following the same approach of producing more in advance. This has led to additional weakness in iron ore.

  • What Will Drive Vale’s Iron Ore EBITDA?
    Market Realist3 days ago

    What Will Drive Vale’s Iron Ore EBITDA?

    Vale (VALE) has changed its product portfolio and quality in iron ore according to market demand. Vale made the major shift to selling high-quality ore in 2017, as China’s fight against pollution intensified, resulting in a huge variance between high-grade and low-grade material.

  • Vale Stock Could Benefit from Focus on Shareholder Returns
    Market Realist3 days ago

    Vale Stock Could Benefit from Focus on Shareholder Returns

    Vale (VALE) hosted Vale Day in New York on December 4. It’s aiming at maintaining discipline in capital allocation and remains committed to continuing to distribute free cash flow to shareholders. Vale’s president and CEO, Fabio Schvartsman, said, “We made in this bold remark that Vale would be the company to generate more value to its shareholders.

  • Reuters5 days ago

    Vale to buy mid-sized iron miner Ferrous Resources- filing

    Brazilian miner Vale SA , the world's top nickel producer, is acquiring the control of Ferrous Resources Ltd., its controlling shareholder Icahn Enterprises LP said in a securities filing. Ferrous, which explores iron ore, will merge into a company controlled by Vale, the filing said, and will be valued at $550 million, including debt. Vale Chief Executive Officer Fabio Schvartsman had said during its last earnings call that the miner was looking for small high-return acquisitions with synergies with the miner's current assets.

  • Lower Energy Prices: Boon or Bane for Copper Miners?
    Market Realist10 days ago

    Lower Energy Prices: Boon or Bane for Copper Miners?

    Previously, we discussed copper miners’ production profiles and 2018 guidance. In this part, we’ll look at leading copper producers’ unit cash costs and see what’s impacted their unit cost progression.

  • US-China Trade War: Freeport-McMoRan Is in the Crossfire
    Market Realist13 days ago

    US-China Trade War: Freeport-McMoRan Is in the Crossfire

    Freeport-McMoRan (FCX), the leading US-based copper miner, has lost 42.7% YTD (year-to-date) based on the closing prices on November 23. Other copper miners like Southern Copper (SCCO) and Antofagasta (ANTO) have also fallen in 2018. Vale (VALE) is in the green in 2018. Iron ore prices have been relatively strong despite the rout in other metals (XME).

  • Wall Street Is Largely Unfazed by Plunging Copper Prices
    Market Realist17 days ago

    Wall Street Is Largely Unfazed by Plunging Copper Prices

    The metals and mining space has seen a reversal of fortune this year. Metals prices plunged to multiyear lows in 2015 and 2016. However, China’s stimulus helped fuel a rally in commodity prices.

  • Hedge Funds Are Digging Shares of This Mining Company Right Now
    Insider Monkey18 days ago

    Hedge Funds Are Digging Shares of This Mining Company Right Now

    We can judge whether Vale S.A. (NYSE:VALE) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead into their best ideas. […]

  • Freeport-McMoRan: Uncertainty Remains
    Market Realist20 days ago

    Freeport-McMoRan: Uncertainty Remains

    So far in this series, we discussed that copper’s near-term outlook has been impacted by the slowdown in Chinese demand. However, the looming supply-side led deficit, as predicted by most market observers, is a bullish driver.

  • Freeport-McMoRan’s Outlook Is Cloudy, Earnings Peak
    Market Realist20 days ago

    Freeport-McMoRan’s Outlook Is Cloudy, Earnings Peak

    While copper prices have been weak in 2018, higher gold shipments have helped Freeport-McMoRan (FCX) post higher earnings in the last few quarters. The company posted an adjusted EBITDA of $1.8 billion in the third quarter. The company’s EBITDA in the last 12 months ending on September 30 is $7.9 billion.

  • China’s Housing Indicators Show a Continued Slowdown
    Market Realist21 days ago

    China’s Housing Indicators Show a Continued Slowdown

    Is There More Heat Left in Freeport-McMoRan’s Rally? The real estate sector is the largest metal end consumer in China (FXI). China’s real estate investment grew 9.7% YoY (year-over-year) in the first ten months of 2018.

  • Is There More Heat Left in Freeport-McMoRan’s Rally?
    Market Realist21 days ago

    Is There More Heat Left in Freeport-McMoRan’s Rally?

    Freeport-McMoRan (FCX), the leading US-based copper miner, has seen a significant upside after the stock fell to its 52-week low after its third-quarter earnings were released. Although Freeport-McMoRan managed to beat its earnings estimates in the third quarter for the top line and bottom line, investors gave a thumbs down to its earnings.

  • Reuters21 days ago

    Brazil court orders Vale to pay damages to indigenous tribes

    A Brazilian court has ordered Vale SA , Brazil's largest miner, to stop its nickel-extracting operations in the northern state of Pará and pay damages to two indigenous tribes that live in the area. Vale, one of the country's biggest companies, will not be able to resume mining iron or nickel at its Onça Puma unit until it meets certain environmental requirements and presents plans aimed at mitigating and compensating indigenous peoples, Brazil's prosecutor-general's office said on Friday. The court decision was also on Friday.

  • Reuters26 days ago

    Vale-BHP Brazil joint venture Samarco names mining executive as new CFO

    RIO DE JANEIRO (Reuters) - Brazil's Samarco Mineracao SA, a joint venture between BHP Billiton (BHP.Ax)(BLT.L) and Vale SA (VALE3.SA), on Wednesday named former Usiminas (USIM5.SA) mining executive Cristina ...

  • Reuters26 days ago

    Vale-BHP Brazil joint venture Samarco names mining exec as new CFO

    Brazil's Samarco Mineracao SA, a joint venture between BHP Billiton and Vale SA, on Wednesday named former Usiminas mining executive Cristina Cavalcanti as its new chief financial officer. Cavalcanti joins ...

  • Why Iron Ore Stocks Could Struggle to Hold Ground
    Market Realist27 days ago

    Why 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.

  • What’s Driving Iron Ore Prices despite Weakness Everywhere Else?
    Market Realist28 days ago

    What’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.

  • Reuterslast month

    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 ...

  • Value Investors Are Piling Into This Stock
    Insider Monkeylast month

    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 […]