Stock’s Trading Stats:

Vale SA (ADR) (NYSE:VALE) is trading down with a percentage change of -8.01% and is at $5.17 right now. The Company’s market capitalization stands at $25.83 Billion in the current trading Session whereas, its outstanding shares are 3.19 Billion.

It’s Sand Mining sector recent contracts and engagement gained popularity amongst most of it’s competitors. These products are use in building residential, commercial buildings as well as producing coal and gravels used for road constructions and maintainability.

Recent Press Release:

Vale SA (ADR) (VALE), together with its subsidiaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally.

Its Bulk Material segment produces and extracts iron ore and pellet. This segment is also involved in the production and extraction of manganese, ferroalloys, and others ferrous products and services; and extraction of coal, as well as in the provision of railroad, port, and terminal logistics services. The company’s Base Metals segment produces and extracts non-ferrous minerals, including nickel and copper. Its Fertilizers segment provides a group of nutrients, such as potash, phosphates, and nitrogen. The company also invests in energy generation through operating hydroelectric plants and centers, as well as produces steel.