Previous Close | 0.2200 |
Open | 0.2500 |
Bid | 0.2400 |
Ask | 0.3000 |
Strike | 15.00 |
Expire Date | 2023-03-17 |
Day's Range | 0.2200 - 0.3000 |
Contract Range | N/A |
Volume | |
Open Interest | 7.5k |
VALE S.A. (VALE) closed at $18.45 in the latest trading session, marking a -1.23% move from the prior day.
Vale (VALE) witnesses a 10% sequential decline in iron ore output in Q4 due to higher rainfall. The company provides iron ore production guidance for 2023 at 310-320 million tons.
According to the average brokerage recommendation (ABR), one should invest in VALE S.A. (VALE). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?