Vale S.A. (VALE)
Market Cap | 66.51B |
Revenue (ttm) | 54.50B |
Net Income (ttm) | 22.45B |
Shares Out | 4.45B |
EPS (ttm) | 4.47 |
PE Ratio | 4.38 |
Forward PE | 6.86 |
Dividend | $0.70 (4.67%) |
Ex-Dividend Date | Mar 14, 2023 |
Volume | 45,126,313 |
Open | 14.89 |
Previous Close | 14.95 |
Day's Range | 14.74 - 14.96 |
52-Week Range | 11.72 - 21.29 |
Beta | 0.81 |
Analysts | Buy |
Price Target | 19.40 (+29.77%) |
Earnings Date | Apr 26, 2023 |
About VALE
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous Minerals and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and other ferrous products; and provides related logistic services. The Base Metals segment produces and extracts nickel and its by-products, such as gold, silver, cobalt, precious metals, and others, as well as copper... [Read more]
Financial Performance
In 2021, Vale S.A.'s revenue was $54.50 billion, an increase of 37.82% compared to the previous year's $39.55 billion. Earnings were $22.45 billion, an increase of 359.84%.
Financial StatementsAnalyst Forecast
According to 27 analysts, the average rating for VALE stock is "Buy." The 12-month stock price forecast is $19.4, which is an increase of 29.77% from the latest price.
News

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Vale (VALE) Earnings Surpass Estimates in Q4, Dip Y/Y
Vale (VALE) reports a year-over-year decline in fourth-quarter 2022 earnings primarily due to lower iron ore prices.

Brazilian mining group Vale's EBITDA and net income down in 2022 on lower iron ore prices
(Kitco News) - Brazilian mining group Vale S.A. announced Thursday that its proforma adjusted EBITDA from continued operations was $20.9 billion in 2022, 38% lower than 2021 mainly due to 23.6% lower ...

Vale (VALE) to Report Q4 Earnings: What to Expect?
Vale's (VALE) fourth-quarter 2022 results are likely to reflect the impact of lower iron ore, copper and nickel prices as well as higher diesel and freight costs.
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CNBC's Pippa Stevens joins 'The Exchange' to discuss MIFTs (metals important for future tech) and the demand for metal stocks.

GM may take small stake in Brazilian miner Vale
General Motors Co. GM, +0.41% has discussed taking a small stake in Brazilian miner Vale SA's VALE, base metals unit, a business that mines and processes nickel and other metals crucial to building ...

Vale (VALE) Reports 10% Sequential Dip in Q4 Iron Ore Output
Vale (VALE) witnesses a 10% sequential decline in iron ore output in Q4 due to higher rainfall. The company provides iron ore production guidance for 2023 at 310-320 million tons.

Wall Street Analysts Think VALE S.A. (VALE) Is a Good Investment: Is It?
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VALE S.A. (VALE) Upgraded to Buy: What Does It Mean for the Stock?
VALE S.A. (VALE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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While the U.S. equities sector generally represents the most stable option for the lion's share of investors, in some cases, it's helpful to expand one's horizons with the top emerging market stocks t...

Why Are Brazilian Stocks PBR, VALE Down Today?
Brazilian stocks are falling today in response to a recent political uprising. On Sunday, Jan. 8, thousands of Brazilian protestors staged a riot in response to the recent election of Luiz Inácio Lula...

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With global recession fears rising, this dynamic opens the door for the biggest opportunities for stock investors in 2023. Essentially, the pessimism of the moment convinced many stakeholders (arguabl...

Is Vale Stock A Buy As Iron Ore Prices Rise?
The shares of Vale (NYSE: VALE) one of the world's largest producers of iron ore and nickel, with operations largely based in Brazil, have gained about 5% over the last month (about 21 trading days), ...

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VALE Plans to Sell 10% Stake in Its Base Metal Business
VALE will separate its copper, nickel and other metals business and is in talks to sell a 10% stake in it to a prospective partner.

EV Nickel Phase 3 Drilling Results: The A Zone Continues to Deliver and Covers Less Than 15% of the Potential CarLang Trend
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES Reports assay results from 3 additional holes, Intersections included: hole EV22-29 with 262.6m grading 0.25% Ni, hole EV22...