VALE.SW - Vale S.A.

Swiss - Swiss Delayed price. Currency in CHF
13.49
+0.89 (+7.06%)
At close: 5:35PM CEST
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Previous close12.60
Open13.49
Bid12.80 x 0
Ask15.00 x 0
Day's range13.49 - 13.49
52-week range11.00 - 15.62
Volume1,190
Avg. volume178
Market cap69.18B
Beta (3Y monthly)1.14
PE ratio (TTM)20.82
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    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.

  • Reuters

    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.

  • Vale's Good News Doesn't Improve Its Outlook
    Motley Fool

    Vale's Good News Doesn't Improve Its Outlook

    Vale's operations are starting to come back on line after a shutdown following a mine disaster, but there's still plenty to worry about.

  • Vale shareholders push to loosen company control over board elections
    Reuters

    Vale shareholders push to loosen company control over board elections

    Minority shareholders of Brazilian iron ore miner Vale SA have enough votes to request that board members be elected independently using a cumulative voting system and not in a single vote approving all names proposed by controlling shareholders, the company said in a filing. Broker Vic DTVM and fund Geracao Futuro Lpar proposed Patricia Bentes as an independent member, challenging a list of 13 candidates presented by the company's controlling shareholders. Vale said in the securities filing on Saturday the election of its board members may occur on Tuesday under the new cumulative voting system.

  • Is Vale Stock a Buy?
    Motley Fool

    Is Vale Stock a Buy?

    The beleaguered miner looks like a good value, but what about its risk profile?

  • Reuters

    Brazil's Vale slashes iron ore sales estimate after dam burst

    RIO DE JANEIRO/SAO PAULO (Reuters) - Brazilian miner Vale SA on Thursday estimated selling up to 75 million tonnes less iron ore and pellets this year, after several mines were halted following its second deadly dam burst in less than four years. The estimate, which is 20 percent below its prior forecast, is the latest blow to Vale from the collapse at Brumadinho, which killed some 300 people and forced the world's largest iron ore exporter to fire its chief executive officer earlier this month. Chief Financial Officer Luciano Siani said in a call with analysts that under the most optimistic scenario, 2019 sales would decline about 50 million tonnes.

  • London's shares off six-month highs, Bunzl suffers worst day in a decade
    Reuters

    London's shares off six-month highs, Bunzl suffers worst day in a decade

    The FTSE 100 was little changed by session end, lagging its peers on Wall Street and in Europe, while mid-caps gave up 0.3 percent. Miners lost 1.2 percent after Vale SA said it expected to resume operations at its Brucutu mine within 72 hours. London-listed shares in Rio Tinto fell 2.7 percent and BHP, the world's biggest miner, gave up 2.5 percent after cutting its iron ore output target following a tropical cyclone.

  • Reuters - UK Focus

    London's shares off 6-month highs, Bunzl suffers worst day in a decade

    Britain's FTSE 100 was off its six-month high as a fall in miners over Vale's plans to reopen a major Brazilian mine offset gains in banks after upbeat data from China, while Bunzl sank on a slowdown in revenue growth. The FTSE 100 was little changed by session end, lagging its peers on Wall Street and in Europe, while mid-caps gave up 0.3 percent. Business supplies distributor Bunzl plunged 9.3 percent on its worst day in a decade after reporting a slowdown in quarterly growth due to sluggish performance of its grocery and retail business in North America, its biggest market.

  • Reuters - UK Focus

    Mining shares lead London's FTSE 100 lower; Bunzl drops on weak Q1

    The FTSE 100, which had climbed to its highest since early October the day before, was 0.3 percent lower by 0710 GMT. Sentiment was sour despite a rise in Asian shares after Chinese economic reports beat expectations, a sign that Beijing's stimulus may finally be paying off in the world's second-largest economy. London-listed shares in Rio Tinto fell nearly 3 percent and BHP Group, the world's biggest mining company, gave up 2.3 percent after cutting its target for iron ore output following a tropical cyclone.

  • Vale Is Going to Miss This Projection by 20%
    Motley Fool

    Vale Is Going to Miss This Projection by 20%

    Vale, beset by operational issues, is going to fall well short of its original goals in 2019

  • Reuters

    Brazil plans to charge Vale over deadly mine collapse: WSJ

    Investigators have gathered enough evidence to affirm that Vale employees involved in the mine operation knew the dam was unsafe, the report said, quoting Jose Adercio Leite Sampaio, the prosecutor heading the probe. "At this point, we know that the operational side knew [that the dam was at risk of collapse], but did Vale's directors know?" Sampaio said in an interview with the Journal. Vale continues cooperating fully with the authorities to ascertain the facts related to the dam breach," Vale said in response to a Reuters query.

  • Why ArcelorMittal Stock Fell 11% in March
    Motley Fool

    Why ArcelorMittal Stock Fell 11% in March

    The steelmaker is caught up with the troubles of Vale and the ripple effect that iron ore miner is causing in the market

  • Reuters

    Vale shares jump on iron prices despite losing certifications, asset freeze

    Brazilian miner Vale SA said on Monday it failed to obtain stability certificates for 13 dams under review following the rupture of another dam in January that killed hundreds, although its shares rose on strong global iron ore prices. The world's largest iron ore miner also disclosed in a securities filing on Monday that a court had frozen an additional 1 billion reais ($258.42 million) in assets over potential damages related to the evacuation of its Vargem Grande dam. Iron ore futures contracts for May delivery rose as much as 5.2 percent on Dalian Commodity Exchange to hit a seven-week high on Monday, on strong economic data from China and supply concerns after Rio Tinto cut its 2019 forecast for iron ore shipments.

  • Reuters

    Brazil mining disaster could cost Vale 75 million tonnes in 2019 sales - CFO

    Brazilian miner Vale SA's sales of iron ore could be reduced by as much as 75 million tonnes this year as a result of the deadly dam collapse in the town of Brumadinho two months ago, its chief financial officer said on Thursday. Luciano Siani said in a call to analysts and investors that under the most optimistic scenario, the loss of sales would be around 50 million tonnes. While representing a substantial decrease from the company's 382 million tonne sales forecast for this year, also disclosed on Thursday, the worst-case sales outlook would still leave 2019 sales at 307 million tonnes.

  • Reuters

    Vale investors seek clarity two months after Brazil dam burst

    Vale SA, the world's largest iron ore miner, is set to report fourth-quarter earnings on Wednesday but those results now look like ancient history as the company grapples with fallout from a second deadly dam burst in less than four years. The collapse of the tailings dam at Brumadinho, which killed an estimated 300 people two months ago, is expected to dominate the discussion when Vale executives take questions from analysts on Thursday. "The market's main focus when looking at the quarterly numbers will be any update on the current situation - anything on production, any clarification about the suspended mines and dams as well as anything about movement toward negotiating a global settlement," said Karel Luketic, head of equity research at brokerage XP.

  • Reuters - UK Focus

    BUZZ-UK miners: Down after Vale to resume ops at Brucutu mine

    ** Shares of British miners slip after Brazilian court clears way for world's largest iron ore miner Vale SA to resume ops at its largest iron ore complex ** BHP down 2 pct, Anglo American down 1.8 pct ...

  • Reuters

    Prosecutors seek $13 billion from Vale for environmental restoration

    SAO PAULO (Reuters) - Brazilian prosecutors requested that mining company Vale SA be ordered to guarantee funds of 50 billion reais (9.87 billion pounds) for environmental recovery efforts after a January ...

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