Vale S.A. (VALE)
| Market Cap | 53.85B |
| Revenue (ttm) | 41.78B |
| Net Income (ttm) | 7.98B |
| Shares Out | 4.28B |
| EPS (ttm) | 1.83 |
| PE Ratio | 6.93 |
| Forward PE | 4.98 |
| Dividend | $1.42 (11.28%) |
| Ex-Dividend Date | Mar 12, 2024 |
| Volume | 21,966,528 |
| Open | 12.40 |
| Previous Close | 12.55 |
| Day's Range | 12.37 - 12.59 |
| 52-Week Range | 11.52 - 16.08 |
| Beta | 0.92 |
| Analysts | Buy |
| Price Target | 16.73 (+32.99%) |
| Earnings Date | Apr 25, 2024 |
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 Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel used to produce stainless steel, electric vehicles, and metal alloys; and its by-p... [Read more]
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 StatementsAnalyst Forecast
According to 12 analysts, the average rating for VALE stock is "Buy." The 12-month stock price forecast is $16.73, which is an increase of 32.99% from the latest price.
News
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.
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.
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...
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...
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...
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 ...
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...
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”) ...
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 ...
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...
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...
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
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...
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...
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...
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...
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...
Vale Upgraded to Overweight at JP Morgan
The "Halftime Report" traders debate the biggest analyst calls of the day.
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...
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.
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 ...
Serabi Forms Exploration Alliance with Vale
Serabi Forms Exploration Alliance with Vale Serabi Gold plc (AIM:SRB,TSX:SBI) (“Serabi”) , the Brazilian-focused gold mining and development company, is pleased to announce the signing of a strategic ...
Investing in the metals most valuable to tech companies
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 ...