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Why is VALEN up 4.72%?
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VALEN:BMV
Vale SA
MX$252.52
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+4.72%(+11.39) 1D
Oct 16, 1:59:48 PM GMT-6 · MXN
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| Symbol | Price | Change | % Change |
|---|
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Mkt. cap
58.70B
Avg. vol.
3.33K
Volume
0.00
52-wk high
MX$304.00
52-wk low
MX$203.00
Shares outstanding
5.28B
No. of employees
66K
Mkt. cap
58.70B
Avg. vol.
3.33K
Volume
0.00
52-wk high
MX$304.00
52-wk low
MX$203.00
Shares outstanding
5.28B
No. of employees
66K
News stories
From web sources and news partners
TradingView
·
7 hours ago
Vale S.A. Stock 12‑Month Price Target Cut to BRL 85.28, Implies 29% Upside
Seeking Alpha
·
20 hours ago
Vale raised at Scotiabank after stock price correction; Southern Copper looks expensive (VALE:NYSE)
Profile
Vale, formerly Companhia Vale do Rio Doce, is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale is the largest producer of iron ore and nickel in the world. It also produces manganese, ferroalloys, copper, bauxite, potash, kaolin, and cobalt; as of 2014 the company operated nine hydroelectricity plants, and a large network of railroads, ships, and ports used to transport its products.
The company has had two catastrophic tailings dam failures in Brazil: Mariana, in 2015, and Brumadinho, in 2019; the Brumadinho dam disaster caused the company to lose its license to operate eight tailings dams in Minas Gerais, and its stock to drop nearly 25 percent in price. Wikipedia
About Vale SA
CEO-
Employees65.8K
FoundedJun 1, 1942
HeadquartersRio de Janeiro, Rio de Janeiro, Brazil
SectorSteel
Websitevale.com