In the most recent trading session, VALE S.A. (VALE) closed at $9.98, indicating a -0.6% shift from the previous trading day.
VALE S.A. (VALE) closed the most recent trading day at $9.94, moving -1.29% from the previous trading session.
Recently, Zacks.com users have been paying close attention to VALE (VALE). This makes it worthwhile to examine what the stock has in store.
Vale Base Metals, a private entity spun out from Brazilian mining giant Vale S.A., is aggressively pursuing a strategy to double its copper production to approximately 700,000 tons per year by 2035, according to CEO Shaun Usmar.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does VALE S.A.
Zacks.com users have recently been watching VALE (VALE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Shares of Vale S.A. VALE have inched up 1% since it reported fourth-quarter and 2024 results on Feb. 19.
VALE sees a 64% decline in fourth-quarter 2024 earnings due to lower prices and volumes for iron ore and nickel.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does VALE S.A.
Vale S.A. (NYSE:VALE ) Q4 2024 Earnings Conference Call February 20, 2025 9:00 AM ET Company Participants Gustavo Pimenta - Chief Executive Officer Murilo Muller - Executive Vice President of Finance and Investor Relations Marcelo Bacci - Executive VP-Finance & Investor Relations Rogério Nogueira - Executive Vice President, Iron Ore Solutions Carlos Medeiros - Executive Vice President of Operations Shaun Usmar - Chief Executive Officer of Vale Base Metals Conference Call Participants Daniel Sasson - Itau BBA Carlos De Alba - Morgan Stanley Caio Ribeiro - Bank of America Leonardo Correa - BTG Pactual Rafael Barcellos - Bradesco BBI Marcio Farid - Goldman Sachs Myles Allsop - UBS Timna Tanners - Wolfe Research Liam Fitzpatrick - Deutsche Bank Marina Calero - RBC Yuri Pereira - Santander Operator Good morning, ladies and gentlemen. Welcome to Vale's Fourth Quarter 2024 Earnings Call.
In the most recent trading session, VALE S.A. (VALE) closed at $9.74, indicating a -0.71% shift from the previous trading day.
Vale offers a strong dividend payout, having consistently returned half of its profits to shareholders, even during cyclical downturns. The company maintains a solid interest coverage ratio, with a 10.5x interest coverage, demonstrating its ability to manage debt. Vale's cash flow outpaces net income, showing the company has strong liquidity to weather economic fluctuations while sustaining dividends.