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  4. Bolsa de Valores de Sao Paulo
  5. Vale S.A.
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    VALE3   BRVALEACNOR0

VALE S.A.

(VALE3)
  Report
Delayed Bolsa de Valores de Sao Paulo  -  04:07 2022-11-25 pm EST
80.90 BRL   -0.68%
11/24Brazil's Lula won't have interventionist stance on Petrobras, aide says
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11/23Deutsche Bank Upgrades Vale to Buy From Hold, Raises Price Target to $20 From $19
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11/21SEC Reports Enforcement Stats—The "Risk-Reward Calculation Is Not What It Was"
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Vale announces reorganization of Brazil base metals business

09/29/2022 | 04:44pm EST

SAO PAULO, Sept 29 (Reuters) - Brazilian miner Vale SA on Thursday announced a reorganization of its base metals business in Brazil, saying it will transfer its copper assets in the country to Salobo Metais SA and its nickel assets to a new venture it will form.

Vale will continue to fully own the assets and said the move comes as it looks to reach "greater efficiency."

The company also said there is currently no decision regarding further transactions involving its base metals business. (Reporting by Gabriel Araujo Editing by Chris Reese)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRAZILIAN REAL (EUR/BRL) 1.80% 5.6244 Delayed Quote.-12.89%
VALE S.A. -0.68% 80.9 Delayed Quote.4.10%
All news about VALE S.A.
11/24Brazil's Lula won't have interventionist stance on Petrobras, aide says
RE
11/23Deutsche Bank Upgrades Vale to Buy From Hold, Raises Price Target to $20 From $19
MT
11/21SEC Reports Enforcement Stats—The "Risk-Reward Calculation Is Not What It Was"
AQ
11/18Indonesia faces difficult task to create OPEC-like group for nickel
RE
11/18MarketScreener’s World Press Review : November 18, 2..
MS
11/18Fitch Affirms Vale S.A. at 'BBB'; Outlook Stable
AQ
11/17General Motors Enters Nickel Sulfate Supply Agreement with Vale Canadian Unit
MT
11/17GM aims to lower EV battery cost, locks up supply deal with Vale
RE
11/17Vale to supply GM with nickel for EVs, starting in 2026
RE
11/11Brazil's Cosan swings to loss on higher debt costs
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Analyst Recommendations on VALE S.A.
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Financials (USD)
Sales 2022 43 481 M - -
Net income 2022 15 326 M - -
Net Debt 2022 7 246 M - -
P/E ratio 2022 4,27x
Yield 2022 8,25%
Capitalization 68 600 M 68 600 M -
EV / Sales 2022 1,74x
EV / Sales 2023 1,87x
Nbr of Employees 74 316
Free-Float 80,3%
Chart VALE S.A.
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Technical analysis trends VALE S.A.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 15,10 $
Average target price 17,68 $
Spread / Average Target 17,1%
EPS Revisions
Managers and Directors
Eduardo De Salles Bartolomeo Chief Executive Officer
Gustavo Pimenta Chief Financial Officer & Investor Relations
JosÚ Luciano Duarte Penido Independent Director
Denis Cuenca Chief Compliance Officer
Lucio Azevedo Director
Sector and Competitors
1st jan.Capi. (M$)
VALE S.A.4.10%68 600
FORTESCUE METALS GROUP LIMITED-1.41%39 305
KUMBA IRON ORE LIMITED1.24%8 733
NMDC LIMITED-11.36%4 239
CSN MINERAÇÃO S.A.-46.44%3 686
BRADESPAR S.A.11.02%1 897