| Vale Posts Wider-than-Expected Loss in Q3, Lags Revenues | |
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Balance Sheet/Cash Flow Exiting third-quarter 2015, Vale had cash and cash equivalents of $4.4 billion compared with $7.9 billion recorded in the year-ago period. Non-current liabilities came in at $44.3 billion, down from $49.1 billion recorded a year ago. Net cash generated from operating activities totaled $1.6 billion compared with $2.9 billion in the year-ago quarter. Capital spending totaled $1.9 billion versus $3.3 billion in third-quarter 2014. Outlook Vale expects to improve its business with the help of specialized cost-saving plans, productivity enhancement schemes, growth projects and superior yield in the N4WS mine, going forward. Moreover, supported by efficient disinvestment programs and appropriate capital-deployment strategies, the company aims to stabilize its absolute debt level in the upcoming quarters.
Other Stocks to Consider
Vale currently carries a Zacks Rank #2 (Buy). Other well-ranked stocks in the industry include Atlas Iron Limited AGODY, Fortescue Metals Group Limited FSUGY and AK Steel Holding Corporation AKS. All three stocks hold the same Zacks Rank as Vale.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VALE SA (VALE): Free Stock Analysis Report AK STEEL HLDG (AKS): Free Stock Analysis Report FORTESCUE METAL (FSUGY): Free Stock Analysis Report ATLAS IRON LTD (AGODY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Vale
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EXPLORATEUR |
CODE : VALE3.SA |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Vale est une société de production minière basée au Bresil. Son principal projet en exploration est GALIURO en USA. Vale est cotée au Bresil et en France. Sa capitalisation boursière aujourd'hui est 325,8 milliards BRL (150,8 milliards US$, 137,9 milliards €). La valeur de son action a atteint son plus bas niveau récent le 19 février 2016 à 10,51 BRL, et son plus haut niveau récent le 27 août 2021 à 99,80 BRL. Vale possède 5 244 319 744 actions en circulation. |