VALE S.A. American Depositary Shares Each Representing one common share
VALE · NYSE
- $15.23
- $62.42B
- Open
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- $14.60 - $14.81
- $10.58 - $17.94
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- 22.27M
About VALE S.A. American Depositary Shares Each Representing one common share
Vale is a mining company that sells iron ore and base-metals products, with copper specifically identified as a growth area. Its operations generate revenue by producing and selling mined commodities to industrial customers; the supplied evidence also references iron-ore costs, freight protection, improved price realization, and gains in base metals. A current segment revenue split and customer breakdown are not provided. Reported historical scale was substantial: revenue was $48.8 billion and net income $5.5 billion in FY2012, compared with $62.3 billion of revenue and $22.9 billion of net income in FY2011.
Notable Price Movement
- Aug 3-7$14.712.32%
VALE rose $0.13, or 0.88%, from $14.70 to $14.83 over the stated week. The stock first slipped to $14.65 on July 29, then rallied to $14.99 and $15.06 on July 30-31 before giving back more than the full advance on August 3, when it fell to $14.58, and recovering partially on August 4. The available company-specific backdrop was Vale’s second-quarter call: management emphasized faster copper growth, improved base-metals operations, confidence in meeting annual production guidance, and higher iron-ore costs. Freight protection and disciplined payouts were also highlighted. The supplied evidence does not establish which item drove each daily move, and no separate market catalyst is provided.
Stories & Analysis
