Vale traded at $14.68 this Friday March 13th, decreasing $0.39 or 2.59 percent since the previous trading session. Looking back, over the last four weeks, Vale lost 7.67 percent. Over the last 12 months, its price rose by 49.64 percent. Looking ahead, we forecast Vale to be priced at 14.29 by the end of this quarter and at 13.18 in one year, according to Trading Economics global macro models projections and analysts expectations.
Vale S.A. is a global producer of iron ore and iron ore pellets, key raw materials for steelmaking, and producer of nickel. The Company also produces copper, metallurgical and thermal coal, potash, phosphates and other fertilizer nutrients, manganese ore, ferroalloys, platinum group metals, gold, silver and cobalt. The Company's segments include Ferrous minerals, which comprises the production and extraction of ferrous minerals, as iron ore fines, iron ore pellets and its logistic services, manganese and ferroalloys and others ferrous products and services; Coal, which comprises the extraction of metallurgical and thermal coal and its logistic services; Base metals, which includes the production and extraction of non-ferrous minerals, and are presented as nickel and its byproducts, and copper (copper concentrated), and Others, which comprises sales and expenses of other products, services and investments in joint ventures and associate in other business.