Previous Close | 6.90 |
Open | 6.90 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 11.00 |
Expire Date | 2023-06-16 |
Day's Range | 6.90 - 6.90 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
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?