Pt Vale Ind traded at 3,450.00 this Friday October 16th, decreasing 600.00 or 14.81 percent since the previous trading session. Looking back, over the last four weeks, Pt Vale Ind lost 26.28 percent. Over the last 12 months, its price fell by 18.25 percent. Looking ahead, we forecast Pt Vale Ind to be priced at 4,091.09 by the end of this quarter and at 3,598.08 in one year, according to Trading Economics global macro models projections and analysts expectations.
PT Vale Indonesia Tbk is an Indonesia-based company primarily engaged in nickel mining and producing. It has nickel mining concessions in several areas in Sulawesi, Indonesia, including Kolonodale, Bahodopi, Sorowako-Towuti, Matano, Pomalaa and Suasua. The Company produces nickel in matte from lateritic ores at its integrated mining and processing facilities near Sorowako, Indonesia.