VALE - Vale S.A.

NYSE - NYSE Delayed Price. Currency in USD
12.02
+0.23 (+1.95%)
At close: 4:02PM EDT
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Trade prices are not sourced from all markets
Previous Close11.79
Open12.12
Bid12.02 x 28000
Ask12.04 x 45100
Day's Range12.02 - 12.20
52 Week Range10.89 - 16.13
Volume28,720,202
Avg. Volume22,969,947
Market Cap63.49B
Beta (3Y Monthly)0.08
PE Ratio (TTM)18.55
EPS (TTM)0.65
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2018-08-03
1y Target Est14.49
  • Benzinga10 hours ago

    Vale Analyst Upgrades Mining Operator, Says Worst Is Behind It

    The worst is behind Brazilian mining operator Vale SA (NYSE: VALE ), according to Bank of America Merrill Lynch.  The Analyst Analyst Timna Tanners upgraded Vale from Neutral to Buy and raised the price ...

  • Reuters15 hours ago

    Anger mounts at Vale in Brazil town at risk for new dam burst

    It was bad enough for Paulo de Morais when he was expelled in early February from the house where he lived for 22 years, in the shadow of a mining dam at risk of collapse. De Morais was evacuated with about 450 of his neighbors under orders from Brazil's mining agency, which feared a repeat of the catastrophe at Brumadinho 65 kilometers (40 miles) away. A dam collapse there in late January unleashed a wave of toxic mud that buried alive more than 240 Vale SA employees and neighbors.

  • Top 5 Steel Stocks of 2019
    Investopediayesterday

    Top 5 Steel Stocks of 2019

    Steel represents a significant amount of materials trading done on the stock market. Some companies perform better than others—for a number of reasons.

  • Reuters4 days ago

    Shanghai steel rises to highest since 2011 on downstream demand prospects

    China's steel futures rose nearly 4% on Tuesday despite concerns over the escalating trade dispute with the United States, as investors expect stronger steel demand from the property market. "Downstream ...

  • Reuters4 days ago

    Shanghai steel rises on prospects of downstream demand

    China's steel futures edged up on Tuesday despite the concerns over escalating tension between the world's top two economies, as investors expect stronger steel demand from property market. Although the costlier trade war had weighed on financial markets across countries, Chinese steel futures still managed to make some gains, supported by better-than-expected demand from property sector.

  • Iron Ore Shortfall to Support Aussie Dollar and Exporters
    Investopedia7 days ago

    Iron Ore Shortfall to Support Aussie Dollar and Exporters

    Throughout the U.S.-China trade war, we have witnessed steel prices continue to weaken, while iron ore prices have surprisingly rallied on a global supply crunch that has seen prices rise to the highest level since 2014. Sanford C. Bernstein & Co. is predicting that the world's best miners including Vale S.A. (VALE) will deliver approximately 283 million tons this quarter, a 10% decrease on the year. Iron ore's shortfall will likely continue to support miners including Fortescue Metals Group Limited (FSUGY), Cleveland-Cliffs Inc. (CLF) and Anglo American PLC's (NGLOY) Kumba Iron Ore Ltd. The last surge in iron ore prices stemmed from a fall in port holdings in China, which have now fallen to a two-year low. While the shortfall could see supply return in the latter half of the year, in the short term, iron ore prices could be supported.

  • As Vale Warns of a Possible Dam Collapse, Iron Ore Surges
    Market Realist8 days ago

    As Vale Warns of a Possible Dam Collapse, Iron Ore Surges

    As Vale Warns of a Possible Dam Collapse, Iron Ore SurgesVale warns about possible dam collapse riskAccording to Reuters, on May 16, Vale (VALE) told prosecutors that a dam was at risk of rupturing at its Gongo Soco mine. This mine is ~40 miles from

  • Iron-ore prices climb past $100 to the highest in 5 years
    MarketWatch8 days ago

    Iron-ore prices climb past $100 to the highest in 5 years

    Prices for iron ore breached the $100 mark on Friday, their highest since early 2014, buoyed by expectations for higher steel production in China and the threat of another dam collapse at a Vale mine in Brazil.

  • 3 Big Stock Charts for Friday: PPL, Electronic Arts and Tyson Foods
    InvestorPlace8 days ago

    3 Big Stock Charts for Friday: PPL, Electronic Arts and Tyson Foods

    Stocks started yesterday's action out on a firmly bullish foot, but didn't end the session quite as enthused. Up as much as 1.44% near the middle of the day, the S&P 500 was dialed back to a gain of only 0.89%. It's not clear how much conviction the bulls have, or don't have.Source: Allan Ajifo via Wikimedia (Modified)Leading what was left of the bullish charge was Nokia (NYSE:NOK), up nearly 4% mostly as a snapback from nearly a month's worth of strong selling. A potential end to trade worries was inspiring enough to cut into the stock's 18% slide since late April. Pinterest (NYSE:PINS) was the big winner for the regular session though, rallying nearly 8% headed into its post-close earnings report that turned into a 15% loss in after-hours action. This year's revenue outlook was a major letdown.At the other end of the spectrum, iron ore miner Vale (NYSE:VALE) fell more than 4% after it warned yet-another one of its mines is in danger of collapsing.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy that Lost 10% Last Week None of those names are top trading prospects headed into the final trading day of the week, however. Rather, it's the stock charts of PPL (NYSE:PPL), Electronic Arts (NASDAQ:EA) and Tyson Foods (NYSE:TSN) that are shaping up as the best bets. Here's what should happen next. PPL (PPL)Utility stock PPL had plenty of help moving lower yesterday. The entire sector lost ground as traders migrated out of the safety they tend to offer and back into riskier sectors.PPL was unique, however, in the sense that the stumble carried shares to new multi-week lows, and did do on lots of volume. There's a chance any budding pullback could be caught before it spins out of control, but there's also a chance it might not find support at that floor. Click to Enlarge * The floor in question is currently at $26.80, plotted with a yellow dashed line on both stock charts. That line tags the last two major lows. * Yesterday's weakness also took shape on unusually high volume, yet wasn't prodded by the news. This could be a hint there are more sellers waiting in the wings to see a little more trouble before bailing out. * On the flipside, regardless of what happens from here, new technical ceilings have been defined. The upper one of those is as high as $37, lining up with the string of higher highs seen in the latter half of last year. It just may not matter for a while. Tyson Foods (TSN)It's tempting to want to get on the Tyson Foods train. Shares are up a stunning 65% from their late-December low, and still appear to be accelerating. The higher it flies, the seemingly stronger it gets.The rally is setting up to be more of a trap, however, luring in the last of unsuspecting investors before the buyers unload into that strength and kickstart a pullback. It hasn't started yet, but we saw a subtle hint in yesterday's bar that suggests we could be at the pivot point. And, the future is primed for selling. * Top 7 Dow Jones Stocks of 2019 -- So Far Click to Enlarge * As of yesterday's close, TSN shares are 31% above the white 200-day moving average line. That's even more divergence than we saw in late-2017 when a massive selloff took shape. * The shape of Thursday's bar is also a concern. The open and closer were in the bottom half of the intraday high/low range, suggesting yesterday was the point that transitioned from a net-buying to net-selling environment. * Although yesterday's bar is a red flag, it's only confirmed by a move lower, and ideally an open within Thursday's intraday range followed by a close below yesterday's low. * The weekly chart's RSI indicator has been into overbought territory for a while, which doesn't happen often, and didn't last long the last time we saw it happen. Electronic Arts (EA)Electronic Arts is one of those names investors seem to know they punished too severely in the latter half of last year, but have been hesitant to undo that damage.Traders are increasingly willing to test the waters for a potential turnaround though. The repetition of this effort is telling in and of itself, but the simple act of forcing more and more 'trial balloons' is chipping away at the big technical ceiling as well. One more good day could get EA over the hump. Click to Enlarge * That 'hump' is mostly the 200-day moving average line, plotted in white on both stock charts. * Simultaneously, the major peaks going back to February line up to make a near-term technical ceiling that as of yesterday is being pressured again. * Zooming out to the weekly chart we can see the Chaikin line is back above zero, and the MACD lines are showing a new bullish divergence. The budding uptrend already has multiple tailwinds.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Sell Before They Tank Your Portfolio * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Low-Priced, High-Potential Tech Stocks to Buy Compare Brokers The post 3 Big Stock Charts for Friday: PPL, Electronic Arts and Tyson Foods appeared first on InvestorPlace.

  • Reuters8 days ago

    Vale warns Brazil prosecutors another dam at risk of collapse

    Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles from where its Brumadinho dam collapsed, killing more than 230 people. According to a document published on Thursday, prosecutors said Vale is predicting the dam in the city of Barao de Cocais may collapse next week if the current rate of movement in the embankment of the mine pit close to the dam is maintained. Vale said in a late afternoon statement it remained unclear whether the slippage in the embankment would actually trigger a collapse of the nearby Sul Superior dam, but said it was raising its level of alert and readiness for such an extreme case.

  • Reuters8 days ago

    Vale tells prosecutors there is the risk of rupturing of new dam in Minas

    Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles (65 kilometers) from where its Brumadiho dam collapsed, leaving more than 230 people dead. According to a document published on Thursday, prosecutors said Vale is predicting the dam in the city of Barao de Cocais may collapse next week if the current rate of movement in the embankment of the mine pit close to the dam is maintained. Earlier this week, Vale had identified movement close to the mine, which has not been active since 2016.

  • GlobeNewswire10 days ago

    Vale Canada and Terrapure win Environmental Leader Award for innovative mine rehabilitation project

    Terrapure Environmental® (Terrapure) and Vale Canada received an Environmental Leader Award for Project of the Year for their new, sustainable option for managing biosolids during winter months, when farmland application is prohibited and storage is complicated. Instead of incinerating or landfilling nutrient-rich organics, Terrapure worked with Vale to develop a program to apply treated biosolids to its Central Tailings Area for reclamation and revegetation. It was the first project of its kind in Ontario.

  • Reuters11 days ago

    Brazil's Vale says co is reviewing its asset portfolio

    Brazilian miner Vale SA is reviewing its assets portfolio, considering their risk and return, the company said in slides prepared for a presentation to investors on Tuesday. The company also said that ...

  • Reuters15 days ago

    Vale CFO says hopes to return to 400 mln tonnes annual output in 2-3 years

    RIO DE JANEIRO/SANTIAGO, May 10 (Reuters) - Brazilian miner Vale SA's chief financial officer said on Friday that the company could restore production to a level of 400 million metric tonnes of iron ore within two to three years after a deadly dam burst curtailed activity at several mines. At the same time, CFO Luciano Siani said that quickly restarting production was not the company's top priority after the Brumadinho disaster, for which the company was forced to take nearly $5 billion in writedowns in the first quarter.

  • Reuters15 days ago

    Vale's new CEO says committed to reparations for dam burst victims

    Brazilian miner Vale SA's newly appointed Chief Executive Eduardo Bartolomeo said during his first conference call with analysts that the miner is fully committed to paying reparations to those affected ...

  • ACCESSWIRE15 days ago

    Vale SA to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 10, 2019 / Vale SA (NYSE: VALE ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 10, 2019 at 11:00 AM Eastern Time. To listen ...

  • Vale (VALE) Reports Loss in Q1, Revenues Lag on Dam Disaster
    Zacks15 days ago

    Vale (VALE) Reports Loss in Q1, Revenues Lag on Dam Disaster

    Vale S.A (VALE) suffers first-quarterly loss since the third quarter of 2015 as a result of the Brumadinho dam collapse.

  • Reuters15 days ago

    Brazil's Vale swings to loss as dam burst charges near $5 bln

    SANTIAGO/RIO DE JANEIRO, May 9 (Reuters) - Brazil's Vale SA set aside $4.95 billion to pay for costs from the collapse of its Brumadinho tailings dam, driving the world's top iron ore miner deep into the red as it reckoned with the aftermath of one of the country's deadliest industrial disasters. Vale, which swung to a $1.64 billion first-quarter net loss, acknowledged it was still too early to determine all the costs related to the Brumadinho collapse in late January, which unleashed a torrent of toxic mud that killed at least 237 people, most of them buried alive. Prosecutors accusing the company of ignoring warning signs ahead of the disaster pressured it into replacing Fabio Schvartsman as chief executive with company veteran Eduardo Bartolomeo.

  • Vale Investors Look Past Top Iron Ore Miner's Worst Quarter Ever
    Bloomberg14 days ago

    Vale Investors Look Past Top Iron Ore Miner's Worst Quarter Ever

    On Friday, Chief Financial Officer Luciano Siani Pires said it will take two to three years to meet that target. On Monday, Rio de Janeiro-based Vale scaled back its 2019 outlook, saying sales of iron ore and pellets will likely be in the middle-to-lower end of its guidance of 307 million to 332 million tons after a local court ordered that operations at its Brucutu mine be halted for a second time. Iron ore prices have climbed about 30 percent in Singapore this year.

  • Reuters15 days ago

    Vale posts $1.64 bln loss for quarter marred by deadly dam burst

    SANTIAGO/RIO DE JANEIRO, May 9 (Reuters) - Brazil's Vale SA on Thursday reported a $1.64 billion quarterly net loss as the world's top iron ore miner struggled with the aftermath of one of the country's deadliest mining disasters.

  • Reuters17 days ago

    Vale iron ore output, sales slump after deadly Brazil dam burst

    Brazil's Vale SA said on Wednesday that its iron ore production and sales slumped in the first quarter from a year earlier, reflecting the impact of the deadly collapse of a tailings dam at Brumadinho in late January. Iron ore output fell 11 percent to 72.87 million tonnes while sales of the commodity slid 22 percent in the three-month period to 55.416 million tons. The world's largest iron ore exporter shuttered various mines after the dam at Brumadinho collapsed, unleashing a torrent of toxic mud that buried nearby buildings, including a company cafeteria, killing 236 people, with 34 still missing.

  • Reuters17 days ago

    China iron ore imports fall to 18-month low in April as Brazil shipments slide

    China's iron ore imports in April fell to the lowest level in 18 months as poor weather in Brazil, the country's second-biggest supplier, disrupted shipments and some production by miner Vale SA was halted after a mine accident. Arrivals of iron ore, a key steelmaking raw material, were 80.77 million tonnes last month, the lowest since October 2017, data from the General Administration of Customs showed on Wednesday. For the first four months of 2019, China imported 340.21 million tonnes of iron ore, customs data showed, down 3.7 percent from 353.32 million tonnes in the same period last year.

  • MarketWatch18 days ago

    Fertilizer maker Mosaic's stock tumbles toward 18-month low after profit outlook slashed

    Shares of Mosaic Co. plunged 8.3% toward an 18-month low in midday trade Tuesday, after the fertilizer maker beat first-quarter profit and sales expectations, but slashed its full-year earnings guidance citing continued margin pressure on its phosphates business and increased costs from changing dam regulations in Brazil, which follow the deadly collapse of a Vale SA mine in January. Mosaic said late Monday that it now expects adjusted 2019 earnings of $1.50 to $2.00 a share, down from previous guidance of $2.10 to $2.50 a share. Cowen analyst Charles Neivert said that while lowered guidance shouldn't be a big surprise, the "quantified impact related to operations in Brazil may be larger than expected." The company also said on the post-earnings conference call with analysts that Chinese pork production will be down significantly as a result of a big culling of China's hog fleet as a result of African Swine Fever, resulting in decline in feed demand, but there are still a lot of unknowns about the impact. The stock has tumbled 26.2% over the past three months, while the SPDR Materials Select Sector ETF has gained 4.3% and the S&P 500 has advanced 7.0%.

  • Trump explains why he’s lifting steel & aluminum tariffs on Canada, Mexico
    Yahoo Finance Video7 days ago

    Trump explains why he’s lifting steel & aluminum tariffs on Canada, Mexico

    President Trump details his plans for suspending steel and aluminum tariffs on Canada and Mexico. Yahoo Finance's Jessica Smith reports on the latest from Washington, D.C. with Seana Smith on "The Ticker."