| Vale beats forecasts with Q2 profit of $1.7 bln | |
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RIO DE JANEIRO, July 30 (Reuters) - Brazilian miner Vale SA posted second-quarter net profit of $1.68 billion on Thursday bolstered by a recovery in iron ore prices during the period and the weakening real. The quarterly profit was its first in a year and 17.3 percent higher than the same period last year. (Reporting by Stephen Eisenhammer and Jeb Blount; editing by David Clarke)
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Vale
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EXPLORATION STAGE |
CODE : VALE3.SA |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Vale is a producing company based in Brazil. Its main exploration property is GALIURO in USA. Vale is listed in Brazil and in France. Its market capitalisation is BRL 329.8 billions as of today (US$ 150.8 billions, € 140.9 billions). Its stock quote reached its lowest recent point on February 19, 2016 at BRL 10.51, and its highest recent level on August 27, 2021 at BRL 99.80. Vale has 5 244 319 744 shares outstanding. |