Vale S.A. (VALE): Today's Featured Metals & Mining Winner
The
industry closed the day up 2.3%.
Sinocoking Coal and Coke Chemicals Inc
(
),
(
),
(
), and
(
) were all winners today within the metals & mining industry with
(
) being today's featured metals & mining winner. Vale S.A rose 16 cents (0.6%) to $26.62 on light volume. Throughout the day, 16.5 million shares of Vale S.A exchanged hands as compared to its average daily volume of 22 million shares.
Vale S.A. engages in the exploration, production, and sale of basic metals in Brazil. The company also involves in fertilizers, logistics, and steel businesses. Vale S.A has a market cap of $125.7 billion and is part of the
sector. The company has a P/E ratio of 7.7, above the average metals & mining industry P/E ratio of 5.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 23.5% year to date as of the close of trading on Thursday.
TheStreet Ratings rates Vale as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Vale Ratings Report.
On the negative front,
China Gerui Advanced Materials Group
(
),
Nanophase Technologies Corporation
(
),
(
), and
(
) were all losers within the metals & mining industry with
(
) being today's metals & mining industry Loser Spotlight stock.
- Use our metals & mining section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider
(
) while those bearish on the metals & mining industry could consider
PowerShares DB Base Metals Sht ETN
(
).
- Find other investment ideas from our top rated ETFs lists.
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