| Brazil miner Vale reports Q1 net profit of $2.52 bln | |
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RIO DE JANEIRO, April 30 (Reuters) - Brazilian mining giant Vale SA said on Wednesday that first-quarter profit fell 19 percent from a year earlier to $2.52 billion after the average price of iron ore, its main product, fell by nearly a quarter in the same period. Net sales, or total sales minus sales taxes, fell 11 percent to $9.50 billion. Earnings before interest, taxes, depreciation and amortization fell 22 percent to $4.06 billion, the company said in a securities filing. (Reporting by Jeb Blount and Walter Brandimarte)
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Vale
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EXPLORATION STAGE |
CODE : VALE3.SA |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Vale is a producing company based in Brazil. Its main exploration property is GALIURO in USA. Vale is listed in Brazil and in France. Its market capitalisation is BRL 297.2 billions as of today (US$ 150.8 billions, € 136.0 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. |