|Bid||14.78 x 1000|
|Ask||14.82 x 29200|
|Day's range||14.54 - 14.94|
|52-week range||10.39 - 23.18|
|Beta (5Y monthly)||0.63|
|PE ratio (TTM)||4.58|
|Forward dividend & yield||2.70 (18.29%)|
|Ex-dividend date||23 Sept 2021|
|1y target est||21.35|
In the latest trading session, VALE S.A. (VALE) closed at $14.42, marking a -1.84% move from the previous day.
(Bloomberg) -- If iron ore giant Vale SA decides to separate its base metals operations, it may look at the possibility of merging that business with the assets of another company.Most Read from BloombergHow Singapore's $50 Billion Financial District Will Change After Covid-19Before Interstates, America Got Around on InterurbansLeft-Wing Rage Threatens a Wall Street Haven in Latin AmericaAmazon Delivery Partners Rage Against the Machines: ‘We Were Treated Like Robots’Climate Scientists Created a
Vale had a longstanding plan to sell the unit, that was still being considered as recently as April of this year. To get to a spin-off, Vale said in a statement after the event, "the business still needs to be adjusted, transformed, and go through an internal transformation." Vale, one of the world's largest iron ore miners, is still dealing with the consequences of a dam burst in 2019, which killed 270 in the town of Brumadinho.