Vale S.A. (VALE) experienced a price drop of 23.5 cents, leading to a 1.38% decrease, with the current price at $16.84. Trading volume is at $6.60 million, 19.59% above the average. The asset's performance was influenced by these figures.
In the latest quarterly report released on Wednesday, April 22nd, VALE reported earnings per share of 0.49, with consensus revenue estimated at $9.46 billion. Further details on the earnings call are awaited.
VALE's forward dividend yield stands at 14.54%, with a dividend per share of 61.191 cents for the most recent quarter, showing a year-over-year decrease.
The company's net change in cash for the period was $1.51 billion, with notable activities including acquisitions netting $1.15 billion and debt repayment of $-417.20 million.
VALE recorded revenue of $11 billion, generating a gross profit of $4 billion. However, the company reported a net loss of $3.90 billion, resulting in an earnings per share of -91 cents.
Key ratios for VALE include a gross profit margin of 36.88%, operating profit margin of 26.33%, and a return on equity of -11.42, indicating the asset's financial performance.
The balance sheet shows total assets of $86.88 billion, with cash and cash equivalents amounting to $7.40 billion and total debt of $19.39 billion, reflecting the company's financial standing.
This report provides insights into VALE's current financial status and performance metrics as the market closing bell approaches.
Vale S.A., together with its subsidiaries, produces and sells iron ore, iron ore pellets, nickel, and copper in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, and other ferrous products; and provides related logistic services. The Energy Transition Materials segment produces and extracts nickel; and its by-products, such as gold, silver, cobalt, precious metals, and others, as well as copper used in the construction sector to produce pipes and electrical wires. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio De Janeiro, Brazil.