|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||50.46 - 51.64|
|52 Week Range||37.66 - 59.25|
|PE Ratio (TTM)||10.37|
|Forward Dividend & Yield||2.20 (4.33%)|
|1y Target Est||60.93|
World-renowned economists and executives addressed rising trade tensions between the U.S. and China, discussing the possible impacts of a trade war from the annual China Development Forum.
Stock Monitor: Denison Mines Post Earnings Reporting LONDON, UK / ACCESSWIRE / March 22, 2018 / Active-Investors.com has just released a free research report on Rio Tinto PLC (NYSE: RIO ). If you want ...
Glencore added to its growing portfolio of coal assets with a $1.7 billion investment in a pair of Australian producers—part of a bet by the mining giant that demand for coal in Southeast Asia will remain ...
President Trump has imposed a tariff of 10% on all aluminum imports. President Trump has left the door open for more exemptions. US aluminum producers have had a mixed response to President Trump’s tariffs.
When temperatures rise and winds drop in the coming weeks, a band of explorers will hunt for copper riches in Mongolia's Gobi Desert. For years Rio Tinto has been the sole international copper mine operator in Mongolia, bound closely to a country where it has bet billions of dollars on the giant Oyu Tolgoi project. Now rising global demand for a metal used in electric cars and renewable energy, at a time of increased costs and depleted deposits in the world's biggest copper producer Chile, is driving miners to riskier locations.
The world’s biggest miners, which reined in costs during lean times, are flush with profits from a recent commodity-market rebound. But now, with rising expenses for fuel, raw materials and wages, there ...
The Chinese government’s efforts to rein in real estate speculation seem to be paying off. According to the latest data, housing prices in December 2017 dropped on a yearly basis in nine of the 15 major cities in China. Banks in China have started raising costs for home loans and are restricting the credit supply.
Have Markets Been Harsh on Alcoa This Year? As noted in the previous articles, Alcoa (AA) has seen negative price action in 2018 amid the weakness in base metals. The broader sell-off in the equity markets and Alcoa’s 4Q17 earnings miss haven’t helped the stock either.
Vale’s CFO, Luciano Siani Pires, said during Vale Day on December 6, 2017, that the company deserves a rerating of its valuation. Currently, Vale (VALE) has a forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 6.2x, which is a discount of 3.1% to its past five-year average multiple.
Vale (VALE) has considerably reduced its net debt in 2017. The company was guiding for a net debt of $15.0 billion–$17.0 billion by the end of 2017. Vale recorded net proceeds of $3.7 billion from the sale of its fertilizer assets, which were received in January 2018.
Vale SA (VALE) released its 4Q17 results on February 27 after the markets closed. While the company’s 4Q17 net profit rose 47% year-over-year (or YoY), its earnings per share (or EPS) of $0.36 missed analysts’ expectations by $0.07. Higher iron ore and base metals (COMT) prices boosted Vale’s profitability, but higher costs and foreign exchange–related losses led to the miner missing consensus estimates.
Australia's corporate watchdog said on Friday it has launched court action against miner Rio Tinto (ASX:RIO.AX - News)(LSE:RIO.L - News) and two former executives for misleading investors about the coal reserves it reported in a $4 billion acquisition in Mozambique. The Australian Securities and Investments Commission said the company, its former Chief Executive Tom Albanese and former Chief Financial Officer Guy Elliott had made deceptive statements in their 2011 annual report, published in 2012.
An Australian regulator said it has started legal action against Rio Tinto and two former executives, alleging they deceived investors over Mozambique coal assets bought for $4 billion in 2011 and sold ...