VALE (VALE)
(Real Time Quote from BATS)
$11.13 USD
+0.06 (0.54%)
Updated Sep 25, 2024 12:32 PM ET
3-Hold of 5 3
A Value D Growth A Momentum A VGM
Company Summary
Brazil-based Vale S.A. is one of the world’s largest mining companies with a market capitalization of approximately $45 billion. It produces iron ore, iron ore pellets, copper, nickel. and also has operations in manganese, ferroalloys, gold, silver, and cobalt.
Vale has a logistics network integrating mines, railroads, ports and ships, which has provided it an edge in the iron ore market. Vale is focusing on product line to capture industry trends, improving quality and productivity and controlling costs.
The company's diversified portfolio of high-quality products, strong ...
Company Summary
Brazil-based Vale S.A. is one of the world’s largest mining companies with a market capitalization of approximately $45 billion. It produces iron ore, iron ore pellets, copper, nickel. and also has operations in manganese, ferroalloys, gold, silver, and cobalt.
Vale has a logistics network integrating mines, railroads, ports and ships, which has provided it an edge in the iron ore market. Vale is focusing on product line to capture industry trends, improving quality and productivity and controlling costs.
The company's diversified portfolio of high-quality products, strong technical marketing strategy, efficient logistics and long-standing relationships with major customers provides it a competitive edge.
In 2019, the Brumadinho dam rupture impacted production and also its reputation. The company has since been striving to prevent further accidents through improved standards and accelerated decommissioning of upstream dams. From 2019 till the second quarter of 2024, Vale has disbursed $11.7 billion related to the reparation of Brumadinho and the decharacterization of its dams. A further $1.2 billion is expected in 2024 and an additional $4.2 billion is intended over the 2025-2027 period.
Vale has so far decharacterized 14 dams and expects to complete two more in 2024. Over the 2025-27 period, six more dams are set to be decharacterized and eight dams are planned after 2029.
Earlier on Nov. 5, 2015, the Fundão tailings dam at the Samarco Mariana Mining Complex collapsed and caused environmental and community impacts, claiming 19 lives. The dam was owned and operated by Samarco, a joint venture between BHP Group’s subsidiary and Vale. Vale, alongside Samarco and BHP, is currently in negotiations with Brazilian authorities to seek a settlement for the obligations and other claims related to the dam failure.
Vale's principal lines of businesses are Iron Solutions and Energy Transition Materials.
Iron Solutions generated 82% of total revenues in 2023. Vale operates four systems in Brazil for producing and distributing iron ore.
Energy Transition Materials accounted for 18% of revenues in 2023. The business includes exploration efforts related to nickel and copper.
General Information
VALE SA
Praia de Botafogo186-offices 1101 1601 1701 and 1801- Botafogo
RIO DE JANEIRO, D5 22250
Phone: 55-21-3485-5000
Fax: 55-21-3814-8820
Web: http://www.vale.com
Email: vale.ri@vale.com
Industry | Mining - Iron |
Sector | Basic Materials |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/24/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.57 |
Current Year EPS Consensus Estimate | 2.14 |
Estimated Long-Term EPS Growth Rate | 1.40 |
Exp Earnings Date | 10/24/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 11.07 |
52 Week High | 16.08 |
52 Week Low | 9.66 |
Beta | 0.93 |
20 Day Moving Average | 26,229,336.00 |
Target Price Consensus | 14.99 |
4 Week | 1.65 |
12 Week | -0.63 |
YTD | -30.20 |
4 Week | -0.25 |
12 Week | -4.51 |
YTD | -41.93 |
Shares Outstanding (millions) | 4,483.08 |
Market Capitalization (millions) | 49,627.68 |
Short Ratio | NA |
Last Split Date | 9/13/2007 |
Dividend Yield | 10.50% |
Annual Dividend | $1.16 |
Payout Ratio | 0.58 |
Change in Payout Ratio | 0.25 |
Last Dividend Payout / Amount | 8/5/2024 / $0.31 |
Fundamental Ratios
P/E (F1) | 5.17 |
Trailing 12 Months | 5.43 |
PEG Ratio | 3.74 |
vs. Previous Year | 115.00% |
vs. Previous Quarter | 10.26% |
vs. Previous Year | 2.55% |
vs. Previous Quarter | 17.27% |
Price/Book | 1.29 |
Price/Cash Flow | 4.49 |
Price / Sales | 1.18 |
6/30/24 | 22.23 |
3/31/24 | 19.59 |
12/31/23 | 20.00 |
6/30/24 | 9.71 |
3/31/24 | 8.54 |
12/31/23 | 8.82 |
6/30/24 | 1.08 |
3/31/24 | 1.12 |
12/31/23 | 1.28 |
6/30/24 | 0.73 |
3/31/24 | 0.79 |
12/31/23 | 0.96 |
6/30/24 | 20.86 |
3/31/24 | 18.72 |
12/31/23 | 19.10 |
6/30/24 | 23.07 |
3/31/24 | 18.72 |
12/31/23 | 19.10 |
6/30/24 | 26.17 |
3/31/24 | 26.29 |
12/31/23 | 26.69 |
6/30/24 | 8.56 |
3/31/24 | 8.70 |
12/31/23 | 9.14 |
6/30/24 | 5.04 |
3/31/24 | 4.86 |
12/31/23 | 4.82 |
6/30/24 | 0.43 |
3/31/24 | 0.41 |
12/31/23 | 0.38 |
6/30/24 | 30.05 |
3/31/24 | 28.85 |
12/31/23 | 27.80 |