Vale S.A. (VALE)

NYSE: VALE · IEX Real-Time Price · USD
+0.03 (0.27%)
At close: Jun 24, 2024, 4:00 PM
+0.01 (0.09%)
After-hours: Jun 24, 2024, 6:14 PM EDT
Market Cap 48.28B
Revenue (ttm) 41.78B
Net Income (ttm) 7.98B
Shares Out 4.28B
EPS (ttm) 1.83
PE Ratio 6.27
Forward PE 4.98
Dividend $1.42 (12.58%)
Ex-Dividend Date Mar 12, 2024
Volume 18,704,719
Open 11.31
Previous Close 11.25
Day's Range 11.24 - 11.35
52-Week Range 11.02 - 16.08
Beta 0.94
Analysts Buy
Price Target 16.59 (+47.07%)
Earnings Date Jul 25, 2024

About VALE

Vale S.A., together with its subsidiaries, produces and sells iron ore, iron ore pellets, nickel, and copper in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel; and its by-products, such as gold, silver, cobalt, precious metals, and others, as well as copper used in the const... [Read more]

Sector Materials
Founded 1942
Employees 66,807
Stock Exchange NYSE
Ticker Symbol VALE
Full Company Profile

Financial Performance

In 2023, Vale S.A.'s revenue was $41.78 billion, a decrease of -4.69% compared to the previous year's $43.84 billion. Earnings were $7.98 billion, a decrease of -57.51%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for VALE stock is "Buy." The 12-month stock price forecast is $16.59, which is an increase of 47.07% from the latest price.

Price Target
(47.07% upside)
Analyst Consensus: Buy
Stock Forecasts


Metals trade down, and Vale and Pilbara Minerals step on the gas

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.

2 days ago - Kitco


FUTURE INVESTMENTS INITIATIVES       Sigma Lithium was honored to join a delegation from Saudi Arabia, the President of Brazil, the Governor and Mayor of Rio de Janeiro and business leaders at Saudi A...

Other symbols: SGML
5 days ago - PRNewsWire

Brazil states ask court to double what Vale, BHP should pay for dam burst

Two Brazilian states have asked a court to more than double the amount that miners Vale and BHP, plus a jointly owned tie-up, must pay in damages for a 2015 deadly tailings dam failure, according to a...

Other symbols: BHP
5 weeks ago - Reuters

Brazil rejects Vale, BHP settlement offer for Mariana disaster

Brazil and the state of Espirito Santo have rejected a proposal by miners Vale and BHP regarding reparations for the deadly 2015 Mariana tailings dam burst, the federal government said on Friday.

Other symbols: BHP
7 weeks ago - Reuters

BHP, Samarco and Vale Submit $26 Billion Samarco Dam Indicative Settlement Proposal

BHP Brasil said that together with Samarco and Vale it has submitted a nonbinding indicative settlement proposal worth around $25.7 billion relating to the failure of the Samarco dam in 2015.

Other symbols: BHP
2 months ago - WSJ

Is Vale SA's stock finally ready for takeoff?

After a prolonged period of decline since June 2021, shares of Vale SA (NYSE: VALE) may be poised for a comeback. The mining giant has faced significant challenges, with the drop in iron ore prices be...

2 months ago - Invezz

Vale SA and Samarco's Dutch Subsidiary Named in £3 Billion Dutch Lawsuit Led by Pogust Goodhead for Mariana Dam Failure: Firms Freeze shares in Vale's Dutch Subsidiary

AMSTERDAM & LONDON--(BUSINESS WIRE)--Vale SA (VALE3:SAO), (VALE3:BZ), (VALE:NYSE), (0LBF:LSE), the world's second-biggest mining company, is facing a new lawsuit for its role in the Mariana Dam collap...

3 months ago - Business Wire

Buchans Resources Reports 2023 Year End Results

Income of $5.6 Million Reported Toronto, Ontario--(Newsfile Corp. - March 15, 2024) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development company, re...

3 months ago - Newsfile Corp

Vale Base Metals Finalizes Plans to Reduce Equity Interest in PT Vale Indonesia Tbk

TORONTO , Feb. 26, 2024 /PRNewswire/ - Vale Base Metals ("VBM") informs that Vale Canada Limited ("VCL") signed a Definitive Agreement ("Agreement") with PT Mineral Industri Indonesia ("MIND ID") and ...

4 months ago - PRNewsWire

Brazil's Vale sees no indication of environmental breach at suspended mines

Brazilian miner Vale sees no indication of any environmental or social breach at two of its mines in Para state that had their operating licences suspended this week, Vale Base Metals chair Mark Cutif...

4 months ago - Reuters

Pogust Goodhead Issues Statement as Vale Fails to Adequately Address Brazilian Dam Disaster in Q4 Earnings Report

SÃO PAULO & LONDON--(BUSINESS WIRE)--Pogust Goodhead, a global law firm and leader in environmental litigation, today issued the following statement in response to Vale SA's (“Vale” or the “Company”) ...

4 months ago - Business Wire

Anglo American: Vale Deal Comes at 'Unicorn Time' of Opportunities

Anglo American Plc CEO Duncan Wanblad says the deal with Vale SA to integrate the Serpentina iron ore deposit with its Minas Rio mine in Brazil comes at a "unicorn time" of opportunities. "We have an ...

4 months ago - Bloomberg Markets and Finance

Vale and Hydnum Steel to study building briquette plant in Spain

Brazilian miner Vale and newcomer Hydnum Steel have signed a memorandum of understanding to study building an iron ore briquette plant at Hydnum Steel's first factory in Spain, which will be powered b...

4 months ago - Reuters

Brazil Is Having a Great Time. 5 Stocks to Play.

Brazil's central bank has slashed rates as inflation subsides. The boost to consumers and corporate borrowers should juice earnings of listed companies.

5 months ago - Barrons

Brazil state prosecutor urges Vale, BHP to settle over dam disaster

Miners Vale , BHP and their joint venture, Samarco, should strike a deal to compensate for a deadly dam disaster in 2015 or risk paying a lot more in court, the Minas Gerais state prosecutor general t...

Other symbols: BHP
5 months ago - Reuters

BHP and Vale ordered to pay $15bn in damages for 2015 Brazil dam collapse

Mining companies and their joint venture Samarco ordered by Brazilian judge to pay AU$14.7bn over disaster that killed 19 people

Other symbols: BHP
5 months ago - The Guardian

Brazil's justice sentences Vale, BHP and Samarco to pay $9.7 bln in damage repair

A Brazilian judge sentenced miners Vale , BHP and their joint-venture Samarco to pay 47.6 billion reais ($9.67 billion) in damage repairs over a burst tailings dam in 2015, according to a legal decisi...

Other symbols: BHP
5 months ago - Reuters

Glencore, Vale share prices at risk after key BHP warning

Glencore (LON: GLEN) and Vale (NYSE: VALE) share prices could be at risk as some of their key metals sink. Vale stock has already cratered by over 12.7% from its highest point in December while in Lon...

Other symbols: BHP
5 months ago - Invezz

Wheaton Precious Metals and Vale Base Metals Announce Achievement of First Phase Completion Test at Salobo

VANCOUVER, BC and TORONTO , Nov. 21, 2023 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") (TSX | NYSE | LSE: WPM), Wheaton Precious Metals International Ltd. ("Wheaton Inter...

7 months ago - PRNewsWire

Petrobras, Vale to seek opportunities for joint investment in renewables

The head of Brazil's state oil firm Petrobras said on Thursday it will sign a memorandum of understanding with mining giant Vale to study potential joint ventures in renewable energy, even as looks to...

Other symbols: PBR
9 months ago - Reuters

Vale Base Metals CEO on Saudi partnership and investments in Indonesia

Deshnee Naidoo, CEO of Vale Base Metals, discusses the reasons for its partnership with Saudi Arabian joint venture Manara Minerals and why she is excited about Indonesia's and Southeast Asia's prospe...

10 months ago - CNBC International TV

Vale Upgraded to Overweight at JP Morgan

The "Halftime Report" traders debate the biggest analyst calls of the day.

10 months ago - CNBC Television

Vale loses bid to block BHP's London lawsuit in Brazil dam case

Vale on Monday lost a bid to block fellow mining giant BHP Group's bid to have it share potential liability in a 36 billion-pound ($46 billion) London lawsuit over Brazil's worst environmental disaste...

Other symbols: BHP
11 months ago - Reuters

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia

The Brazilian miner is close to completing the deal with Saudi Arabia's sovereign-wealth fund and a Saudi mining company.

11 months ago - WSJ

BHP, Vale in London court confrontation over Brazil dam damages

Mining giants BHP Group and Vale faced off in a London court on Wednesday over who should accept legal and financial responsibility in a potential 36 billion pound ($44 billion) lawsuit stemming from ...

Other symbols: BHP
1 year ago - Reuters