Vale S.A. (NYSE: VALE) Making Surprising Moves in Wednesday Session

July 3, 2024 10:38:34

Vale S.A. (NYSE: VALE) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 3.99% on the day to $11.59.

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous Minerals and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and other ferrous products; and provides related logistic services. The Base Metals segment produces and extracts nickel and its by-products, such as gold and silver.

So far today, approximately 14.93M shares of Vale S.A. have been exchanged, as compared to an average 30-day volume of 25.75M shares.

Vale S.A. share prices have moved between a 52-week high of $16.08 and a 52-week low of $10.99. The stock has moved -0.18% over the past week.

To learn more about Vale S.A., visit the company’s website at https://www.vale.com.

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